2540 Hauser Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
2540 Hauser Boulevard
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 2540 Hauser Boulevard, Los Angeles, California 90016 reveals a property with a current list price of $768,888, which is 19% above the estimated $615,705 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2540 Hauser Boulevard Subject | $768,888* List Price | 2 | 1 | 1,072 | $574 | - |
A 2541 S Curson Avenue Sold | $783,075 | 2 | 1 | 1,186 | $660 | 0.2 mi |
B 2715 Clyde Avenue Sold | $825,000 | 3 | 2 | 1,126 | $733 | 0.4 mi |
C 5505 Homeside Avenue Sold | $640,000 | 2 | 2 | 1,216 | $526 | 0.4 mi |
D 1944 S Spaulding Avenue Pending | $875,000 List Price | 3 | 1 | 1,137 | $770 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property, built in 1926, is explicitly marketed as a 'great developing opportunity' and 'SOLD AS IS,' indicating its value is primarily in the land and its redevelopment potential (zoned LARD1.5). The single exterior image reveals severe dilapidation, including extensive peeling paint, a visibly damaged and uneven roofline, and general disrepair, suggesting the structure is unlivable and likely beyond economical repair. There are no interior images, which further supports the assessment that the existing structure is not considered a primary asset. This aligns with the 'tear-down' criteria where the structure is beyond repair and the property's value is based solely on the land.
PROSSTRENGTHS & OPPORTUNITIES
- Development Opportunity & Zoning
The property is explicitly marketed as a 'great developing opportunity' with LARD1.5 zoning, allowing for multi-unit development in a high-demand area.
- Strategic Mid-City Location
Situated in a 'fast-developing area of mid-city,' indicating strong appreciation potential and desirability for future residents or tenants.
- Exceptional Accessibility
Centrally located with easy access to major transportation hubs like the Expo Line and 10 Freeway, plus proximity to the vibrant Culver City.
CONSRISKS & DEFICIENCIES
- Sold As-Is Condition
The property is explicitly sold 'AS IS,' indicating that the buyer assumes all responsibility for current conditions, potential repairs, and necessary upgrades, which could entail significant unforeseen costs.
- Age and Condition of Existing Structure
Built in 1926, the existing 2-bed, 1-bath, 1072 sqft structure is likely outdated and may require substantial renovation or demolition to fully capitalize on the development potential, adding to project complexity and cost.
- Lack of Desirable Views
The property has 'None' for views, which can be a disadvantage in the competitive Los Angeles market where panoramic or city views often command a premium and enhance property value.
About 2540 Hauser Boulevard
Here is a great developing opportunity, located in the fast-developing area of mid-city. Zoned LARD1.5, close to restaurants, coffee shops and supermarkets. Centrally located close to all transportation including Expo line, 10 freeway and just blocks from Culver City. SOLD AS IS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 4,372 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Marvin Elementary School
Grades K-5 • 0.1 mi
Cienega Elementary School
Grades K-5 • 0.5 mi
Baldwin Hills Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,072 | 1,358.5 | 20% |
| Lot Size | 4,372 | 5,217 | 21% |
| Price | $768.9K | $1.01M | 29% |
| Price per sq ft | $717 | $738 | 48% |
| Built year | 1926 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 186 | 178 | 57% |
Pricing History
Listed for Sale
Sep 1, 2025
$768,888
Initial Listing
Sold
Dec 16, 2004
$329,000
Public Record
Sold
Mar 19, 2003
$189,000
Public Record
Sold
Jul 3, 2001
$130,000
Public Record
Sold
Sep 17, 1999
$145,000
Public Record