1185 Hauser Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 3 bath
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1185 Hauser Boulevard
Los Angeles, California 90019
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,885Sq Ft
6,568Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,561,310
3% BelowMARKET VALUE
SUMMARY
This 1935 Character Home with Detached ADU represents a Prime Investment Opportunity, listed at $1,499,000—positioned well below the $1,561,310 Fair Market Value by 3%. This valuation gap offers $62,310 in Instant Equity. Featuring a Good Condition Rating, the property includes a 2022-built ADU generating consistent rental income. With its Miracle Mile Location and City Lights View, this asset balances immediate cash flow with long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing residence.
Estimated Market Value
$1,561,310+$62,310 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1185 Hauser Boulevard Subject | $1,499,000* List Price | 4 | 3 | 1,885 | $828 | - |
A 1206 S Burnside Avenue Sold | $1,350,000 | 3 | 2 | 1,491 | $905 | 0.1 mi |
B 1038 S Stanley Avenue Sold | $1,745,000 | 3 | 2 | 1,836 | $950 | 0.3 mi |
C 1159 S Sierra Bonita Avenue Sold | $1,850,000 | 4 | 3 | 2,165 | $855 | 0.2 mi |
D 1663 S Genesee Avenue Sold | $1,718,000 | 3 | 2 | 1,687 | $1,018 | 0.8 mi |
E 1174 Carmona Avenue Sold | $1,801,174 | 4 | 4 | 2,083 | $865 | 0.0 mi |
F 5154 W 12th Street Sold | $1,665,000 | 3 | 2 | 1,700 | $979 | 0.6 mi |
G 1656 S Genesee Avenue Sold | $1,539,000 | 3 | 3 | 1,580 | $974 | 0.8 mi |
H 1572 S Ridgeley Sold | $1,090,000 | 4 | 3 | 1,866 | $584 | 0.6 mi |
I 1309 Carmona Avenue Active | $1,520,000 List Price | 3 | 2 | 1,750 | $869 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property features a well-maintained 1935 main house with updated central HVAC and a functional kitchen renovated within the 5-15 year range. While the detached ADU is 'Excellent' (built 2022), the primary residence's age and mid-range renovation style place the overall listing in the 'Good' category as a move-in ready, well-maintained character home.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Income Potential
The detached 2022-built ADU generates $3,000 per month in rental income, offering a substantial offset to mortgage costs and immediate cash flow for the owner.
- Prime Miracle Mile Location
Centrally located near major cultural landmarks like LACMA, The Grove, and the upcoming Wilshire Metro station, ensuring high demand and long-term appreciation.
- Dual-Residence Versatility
The property features a character-rich 1935 main home and a modern, independent ADU with separate addresses, meters, and private entrances, perfect for multi-generational living or investment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1885, other record living area = 1843.
- Tandem Parking Constraints
The long driveway requires tandem parking for the main residence, which can be a daily logistical inconvenience for households with multiple drivers.
- Negative Price History
The current list price of $1.499M is notably lower than the 2022 sale price of $1.59M, which may signal a correction in local market value or previous overpayment.
About 1185 Hauser Boulevard
1935 Character Home + Detached 2022 ADU. The Best of Miracle Mile Living. This beautifully maintained Miracle Mile property combines classic Los Angeles character, modern comfort, and valuable income potential. The inviting 1935 front residence features 3 bedrooms and 2 bathrooms with hardwood floors, central heat and air, a welcoming living room with fireplace, separate dining room opening to the backyard, and a spacious kitchen with breakfast nook and adjacent laundry area. The fully gated property offers excellent privacy, a long driveway with generous tandem parking, a grassy backyard, an expansive wood deck, and an additional fenced side patio.Built in 2022, the detached approximately 558-square-foot 1-bedroom, 1-bathroom ADU functions as a completely independent residence with its own address, separate gas and electric meters, private alley entrance, gated parking, patio, and dedicated laundry area. Outstanding long-term tenants have consistently paid $3,000 per month since January 2024, providing immediate income to help offset ownership costs. Ideally located in the heart of Miracle Mile near neighborhood cafes and restaurants, LACMA, the Academy Museum, The Grove, Beverly Center, and the future Wilshire Metro station. A rare opportunity to enjoy a character home while benefiting from a newer, income-producing second residence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 6,568 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,885 | 1,664.159 |
| Lot Size | 6,568 | 6,066.556 |
| Price | $1.50M | $1.35M |
| Price per sq ft | $795 | $806 |
| Built year | 1935 | 1939 |
| HOA | $0 | $278 |
| Days on market | 5 | 55 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,499,000
Initial Listing
Sold
Mar 31, 2022
$1,590,000
Public Record
Sold
Mar 20, 2020
$980,000
Public Record