2633 Hauser Boulevard, Los Angeles, CA 90016

Big price reduction to make this the most affordable 3 or 4 unit building located in the trendy West Adams St. Area. Priced at a 6.4% cap rate to achieve a 7% ROI on a newly constructed Income Property. Very large units with each over 2,000 Sq. Ft. with large bedrooms appealing to tenants. No rent control on these Contemporary designed 5 bedroom and 4 Bath units. Projected rents can be achieved by renting as 4 bedroom units and advertising 5th bedroom as a Gaming Room, Office with multiple desks, or Workout room. Front home is 2,295 Sq. Ft. w/ attached 2 car garage. Back two units are side by side with over 2,000 Sq. Ft. each. All units have 2 large master suites, on the 1st and 3rd floors. Low operating exp. with separate water, gas, and electric meters, tankless water heaters, vinyl flooring throughout, and drought tolerant landscaping. All units come with s/s appliances along with plenty of kitchen counter and cabinet space. Tenants will enjoy the custom home feel with 9 ceilings with recessed lights, open floor plan, central AC/Heat, custom blinds, and full size washer and dryer in a separate laundry closet on bottom floor. Bathrooms have tile floors, some with deco design, tile shower enclosures, glass sliding doors and automatic light switches. The area has been called one of the most dynamic areas in So. Cal. and is still seeing steady employment from area Tech companies. Photos with furniture have been virtually staged.