ActiveResidential · sale

1185 Hauser Boulevard

Los Angeles, CA 90019

$1,575,000

  • 4 beds
  • 3 baths
  • 1,885 sq ft
  • 0.15 acres
  • Built 1935

Listed by Sotheby's International Realty · MLS #26858621

1185 Hauser Boulevard, Los Angeles, CA 90019 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1935.

Property size

0.15 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

1935 Character Home Detached 2022 ADU The Best of Miracle Mile Living Discover the perfect blend of timeless character modern convenience and builtin income in one of Los Angeles most soughtafter neighborhoods Originally built in 1935 this beautifully maintained Miracle Mile property offers a rare opportunity to enjoy a classic character home while benefiting from a fully independent incomeproducing ADU tucked discreetly at the rear of the property The inviting front residence features 3 bedrooms and 2 bathrooms where vintage charm meets todays lifestyle Rich hardwood floors central heating and air conditioning and a welcoming living room with a fireplace create a warm and comfortable atmosphere A separate dining room opens to the private backyard seamlessly connecting indoor and outdoor living spaces The spacious kitchen features a cheerful breakfast nook and an adjacent laundry area Designed for both entertaining and everyday enjoyment the fully gated grounds offer exceptional privacy a long driveway with generous tandem parking a grassy backyard an expansive wood deck for outdoor dining and gatherings and an additional fenced side patio perfect for gardening relaxing or additional storage Built in 2022 the detached ADU is far more than a guest house Complete with its own address separate gas and electric meters private alley entrance gated parking outdoor patio and dedicated laundry area it lives as a completely independent residence The approximately 558squarefoot 1bedroom 1bathroom home is occupied by outstanding longterm tenants who have consistently paid 3000 per month since January 2024 generating immediate and reliable income that can significantly offset your monthly ownership costs Whether youre looking to live in the front home while generating passive income accommodate extended family with complete privacy or add a valuable asset to your real estate portfolio this exceptional property offers flexibility that is increasingly difficult to find in todays market Located in the heart of Miracle Mile youll enjoy easy access to neighborhood cafes acclaimed restaurants boutique shopping local markets LACMA the Academy Museum The Grove Beverly Center and the future Wilshire Metro station placing some of Los Angeles finest dining culture and entertainment just minutes from your doorstep
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THE NEIGHBORHOOD

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1185 Hauser Boulevard, Los Angeles, CA 90019

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1935
Full baths
3
Half baths
0
Garage spaces
0
Cooling
CentralAir
Heating
Central
Appliances
GasCooktop,GasOven,Oven,Range,Refrigerator,Dryer,Washer
Flooring
Tile,Wood
Accessibility
None
Spa
No
Zoning
LAR1
Parcel
5085018017

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$6,562.50
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1185 Hauser Boulevard, Los Angeles, CA 90019 · MLS #26858621

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Listing information

MLS #26858621 · California Regional MLS

Listing brokerage: Sotheby's International Realty
Listing agent: Nick Mercado

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.