
Property Details
Property Type
Multifamily
Units
4
Price Per Unit
$348,750
Contact Agent
Jason Tuvia | Carter Kruse
(818) 212-2735
Price Per SF
$510.24
Cap Rate
6.40%
GRM
11.29
Property Description
Marcus and Millichap is pleased to present a four (4) unit apartment building located at 2531 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location, north of W Adams Boulevard and east of N Fairfax Avenue.
Located in the thriving West Adams neighborhood, this well positioned multifamily property offers a rare opportunity just steps from the vibrant Culver City Arts District. The building features an ideal unit mix with two (2) studios and two (2) one-bedroom units—three of which have been fully renovated with permits, including new windows and upgraded plumbing. Each unit is separately metered for gas and electricity, and the property includes on-site parking and a brand-new roof installed in 2023. A non-conforming studio located in the rear building will be delivered vacant at close of escrow. This unit is easily convertible into a 2-bedroom/2-bathroom ADU, and the seller will provide approved plans at closing. Surrounded by exciting new developments, trendy dining options, and everyday conveniences like Whole Foods, Target, and Kaiser Permanente, this property blends long-term upside with immediate rental appeal in one of LA’s most dynamic submarkets.
Nestled in a great West Adams location, this offering presents an opportunity to capitalize on strong initial cash flow as well as a unique value-add investment with the rear non-conforming studio.
Property Location
2531 Hauser Boulevard, Los Angeles, CA, USA