2540 Hauser Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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Los Angeles, California 90016
This High-Density Redevelopment Asset is listed at $768,888, representing a strategic acquisition in the rapidly evolving Mid-City market. While the $590,041 Fair Market Value reflects the existing structure's Condition Rating of 6, the property’s primary value is anchored by its LARD1.5 Zoning and 4,372 square-foot lot. Situated blocks from Culver City and the Expo Line, the site offers significant development upside for multi-unit housing. This "Sold As-Is" opportunity is an ideal play for Developers or Fix-and-Flip Investors looking to capitalize on high-demand urban infill.
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 | $550 | - |
A 2524 Alsace Ave Sold | $710,000 | 3 | 2 | 1,071 | $663 | 0.4 mi |
B 2430 S Cochran Avenue Sold | $740,000 | 2 | 1 | 1,340 | $552 | 0.3 mi |
C 2434 S Cochran Avenue Sold | $750,000 | 3 | 2 | 1,217 | $616 | 0.3 mi |
D 2715 Clyde Avenue Sold | $825,000 | 3 | 2 | 1,126 | $733 | 0.4 mi |
E 5505 Homeside Avenue Sold | $640,000 | 2 | 2 | 1,216 | $526 | 0.4 mi |
F 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.
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.
The property is explicitly marketed as a 'great developing opportunity' with LARD1.5 zoning, allowing for multi-unit development in a high-demand area.
Situated in a 'fast-developing area of mid-city,' indicating strong appreciation potential and desirability for future residents or tenants.
Centrally located with easy access to major transportation hubs like the Expo Line and 10 Freeway, plus proximity to the vibrant Culver City.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,072 | 1,409.5 | 22% |
| Lot Size | 4,372 | 5,274 | 22% |
| Price | $768.9K | $1.03M | 28% |
| Price per sq ft | $717 | $745 | 43% |
| Built year | 1926 | 1927 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 233 | 189 | 80% |
Sep 1, 2025
$768,888
Initial Listing
Dec 16, 2004
$329,000
Public Record
Mar 19, 2003
$189,000
Public Record
Jul 3, 2001
$130,000
Public Record
Sep 17, 1999
$145,000
Public Record