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2621 Hauser Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 5 bed, 3 bath

2621 Hauser Boulevard, Los Angeles, California 90016 home-pic-0
ACTIVE$1,150,000
2621 Hauser Boulevard, Los Angeles, California 90016
5Beds
3Baths
1,795Sqft
6,199Lot
Year Built
1923
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$641
HOA
-
Days on market
-
Sold On
-
MLS number
TR25052780
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(50th), sqft - 1795(50th), beds - 5(86th), baths - 3(86th).

This exceptional SFS with an ADU in the back. A prime investment opportunity, nestled on a 6,200 SqFt lot in the heart of Mid-City, just 15 minutes from the vibrant beaches, Santa Monica, and Downtown LA. Located in one of the most rapidly appreciating areas of Los Angeles—bordering West Adams—this property offers tremendous upside potential in an area that is seeing explosive growth. Whether you are an investor, developer, or owner-occupant, this property has something for everyone. 1,795 SqFt sits on a generously sized 6,300 SqFt lot, zoned RD2-1, providing a fantastic development opportunity. With some TLC, this duplex can be transformed into a true gem, or you can take advantage of the zoning to unlock even more value. Developers will appreciate the flexibility of the RD2-1 zoning, offering potential for building up and increasing density—an exciting opportunity in one of LA’s hottest markets. Positioned with convenient access to the 10 Freeway and only minutes from Culver City, DTLA, Santa Monica, and the Expo Line Station, this location is incredibly well-connected, making it an attractive prospect for both current and future tenants. With the combination of location, potential for appreciation, and development flexibility, this property represents a tremendous value-add opportunity. Don’t miss the chance to be part of the Mid-City renaissance—seize the potential and make your mark in one of LA's most exciting neighborhoods!

Nearby schools

6/10
Marvin Elementary School
Public,•K-5•0.1mi
5/10
Cienega Elementary School
Public,•K-5•0.6mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.7mi
5/10
Virginia Road Elementary School
Public,•K-5•1.4mi
4/10
Alta Loma Elementary School
Public,•K-5•1.6mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.2mi
2/10
Audubon Middle School
Public,•6-8•2.5mi
3/10
Daniel Webster Middle School
Public,•6-8•4.1mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.2mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
10/17/95
Sold
$70,000
Condition Rating
Poor
Built in 1923, this property is over a century old and explicitly stated to require 'TLC' and 'significant renovation' in the listing description and property analysis. The images confirm this, showing a very dated kitchen with old tile flooring, dark wood cabinets, and a visible wall heater, indicating an outdated heating system. The bathroom also features dated tile and basic fixtures. While livable, the property's systems and aesthetics are significantly outdated, requiring substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Strategic Location & Connectivity: Positioned in Mid-City with excellent access to major freeways (10 Fwy), public transit (Expo Line), and key LA destinations like Santa Monica, Downtown LA, and Culver City.
Significant Appreciation & Growth Potential: Situated in a rapidly appreciating area bordering West Adams, offering substantial upside potential due to ongoing neighborhood renaissance and explosive growth.
Development Flexibility (RD2-1 Zoning & Lot Size): A generous 6,199 SqFt lot combined with RD2-1 zoning provides exceptional development opportunities, allowing for increased density and maximizing value.
Income-Generating Duplex with ADU: The property is a residential income duplex with an existing Accessory Dwelling Unit (ADU), offering immediate multiple rental income streams or flexible owner-occupant options.
Versatile Investment Opportunity: Appeals to a broad range of buyers including investors, developers, and owner-occupants, highlighting its adaptability and diverse potential uses.

Cons

Requires Significant Renovation (TLC): The property explicitly needs 'TLC' (Tender Loving Care), indicating that substantial renovation and investment will be required to modernize and maximize its potential.
Advanced Age of Structure: Built in 1923, the property is over a century old, which often implies outdated systems, potential for deferred maintenance, and higher costs for necessary upgrades to meet contemporary standards.
Lack of Desirable Views: The property does not offer any notable views, which could be a disadvantage in a market where scenic outlooks often contribute to property value and desirability.

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