2540 Hauser Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
ACTIVE$768,888
2540 Hauser Boulevard, Los Angeles, California 90016
2Beds
1Bath
1,072Sqft
4,372Lot
Year Built
1926
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$717
HOA
-
Days on market
-
Sold On
-
MLS number
DW25187786
Home ConditionTear down
Features
View-
About this home
Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $768.9K(13th), sqft - 1072(20th), beds - 2(32th), baths - 1(35th).
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.
Nearby schools
6/10
Marvin Elementary School
Public,•K-5•0.1mi
5/10
Cienega Elementary School
Public,•K-5•0.5mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.8mi
5/10
Virginia Road Elementary School
Public,•K-5•1.3mi
4/10
Alta Loma Elementary School
Public,•K-5•1.5mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.1mi
2/10
Audubon Middle School
Public,•6-8•2.5mi
3/10
Daniel Webster Middle School
Public,•6-8•4.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.2mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
09/01/25
Listing
$768,888
12/16/04
Sold
$329,000
03/19/03
Sold
$189,000
07/03/01
Sold
$130,000
09/17/99
Sold
$145,000
Condition Rating
Tear down
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.
Pros & Cons
Pros
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.
Abundant Local Amenities: Walking distance to a variety of restaurants, coffee shops, and supermarkets, enhancing lifestyle convenience and rental appeal.
Favorable Lot Size: The 4372 sqft lot is well-suited for maximizing the LARD1.5 zoning potential, offering ample space for a multi-unit project.
Cons
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.