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2525 Hauser Blvd, Mid-City

Mid-City Five-Unit, 5.44% Cap Rate! 60% Leased

60% LEASED! Luxury new construction 5-unit (4 + huge ADU) in prime Mid-City with ROOFTOP DECKS! Ultra-gentrified location that is walking distance to the Culver City Art District. Features outstanding floorplans with massive kitchen/living areas and luxury finishes! 5.44% cap rent! Newly achieved rents of $4,900, $4,000 and $3,000.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$3,499,000

5-Unit

For Sale

5

2024

5.44%

14.02

$249,600/Year

7,674 sqft

7,020 sqft

$455.96

$699,800

2 x 4b/4b+Roof Deck, 2 x 3b/3.5b, 1 x 2b/1.5b

Yes

10 Carport Spaces

Opportunity Zone,
Rooftop Decks

The Highlights

  • Outstanding cap rate of 5.44%! Cash cow.

  • 60% leased! 3/5 units at market rents!

  • Opportunity zone- major tax benefits (consult with your CPA).

  • Two units leased now at market rents!

  • MASSIVE units (7,674 livable square feet) with premium floorplans.

  • Multi-dimensional, architecturally impressive exterior.

  • Boasts ultra-high-end finishes and top-tier construction. This is not your typical new construction multi-unit!

  • Ideal unit mix of two 4 bedrooms and two 4 bedrooms and 1 two bedroom.

  • Minutes walking to Culver City!

  • All units separately metered for gas, electric AND water! Very low expenses!

  • Dream 1031 exchange opportunity.

  • With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.

  • Moments from countless exciting mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (Whole Foods), the Culver Steps (Amazon Studios), and Platform!

The Neighborhood

<15-Minute Walk

Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria

<15-Minute Drive

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

<$15 Uber Ride

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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