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2603 Hauser Boulevard

2603 Hauser Blvd

For Sale

$2,500,000

Property Description

Marcus and Millichap is pleased to present a 5,868 SF retail strip-center located at 2603 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location south of West Adams Boulevard and east of Fairfax Avenue.

West Adams is a vibrant and historic neighborhood in Los Angeles, California, that offers a wealth of opportunities. Located just east of Culver City, West Adams is known for its tree-lined streets, beautiful homes, and cultural landmarks. The area boasts a diverse population and is home to a variety of attractions, including the West Adams Heritage Association and the Los Angeles County Museum of Art. West Adams is a prime location for multifamily investment, with a strong rental market and an abundance of potential. The area is home to several new developments, including the Adams & Grand Luxury Apartments, which offer stylish and modern living spaces in a convenient location. With easy access to major highways and public transportation, West Adams is a great choice for those looking to invest in a thriving neighborhood with significant potential for growth. For those seeking a place to call home, West Adams offers a charming and welcoming community with plenty of amenities. From local parks and community gardens to world-class restaurants and cultural events, there’s always something to explore in this vibrant neighborhood. If you’re looking to invest in a neighborhood with character, history, and potential, West Adams is the perfect choice.

Built in 1929, this property contains eleven (11) retail spaces averaging 516 SF each. The property is situated on a signalized hard corner along West Adams Boulevard, providing excellent traffic counts and solid building frontage. All tenants are on gross month-to-month leases. The property is designated within the commercial corridor subarea per the West Adams CPIO, which is currently promoting a “main street” shopping experience by providing direction for the adaptive reuse of existing structures. The site also offers Tier 1 TOC benefits for residential redevelopment, allowing for fifteen (15) potential buildable units, an increased FAR of 2.75:1, and a max height of 56ft. Tenants will love being within walking distance to incredible West Adams amenities such as Mizlala, Tartine, Vees Cafe, Alta, MIAN West Adams, and many more.

Situated in a prime West Adams location in an opportunity zone, this offering presents an excellent opportunity for any investor to capitalize on adding value along a revitalizing main thoroughfare or redeveloping in one of the most up-and-coming markets of Los Angeles.

Contact Agent

Jason Tuvia

818.212.2735

Unit Mix

Eleven (11) Retail Suites

Property Type

Retail Strip

Submarket

Price

Size

5,868 SF

Total Units

Year Built

1929

Property Location

2603 Hauser Blvd

Property Description

Marcus and Millichap is pleased to present a 5,868 SF retail strip-center located at 2603 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location south of West Adams Boulevard and east of Fairfax Avenue.

West Adams is a vibrant and historic neighborhood in Los Angeles, California, that offers a wealth of opportunities. Located just east of Culver City, West Adams is known for its tree-lined streets, beautiful homes, and cultural landmarks. The area boasts a diverse population and is home to a variety of attractions, including the West Adams Heritage Association and the Los Angeles County Museum of Art. West Adams is a prime location for multifamily investment, with a strong rental market and an abundance of potential. The area is home to several new developments, including the Adams & Grand Luxury Apartments, which offer stylish and modern living spaces in a convenient location. With easy access to major highways and public transportation, West Adams is a great choice for those looking to invest in a thriving neighborhood with significant potential for growth. For those seeking a place to call home, West Adams offers a charming and welcoming community with plenty of amenities. From local parks and community gardens to world-class restaurants and cultural events, there’s always something to explore in this vibrant neighborhood. If you’re looking to invest in a neighborhood with character, history, and potential, West Adams is the perfect choice.

Built in 1929, this property contains eleven (11) retail spaces averaging 516 SF each. The property is situated on a signalized hard corner along West Adams Boulevard, providing excellent traffic counts and solid building frontage. All tenants are on gross month-to-month leases. The property is designated within the commercial corridor subarea per the West Adams CPIO, which is currently promoting a “main street” shopping experience by providing direction for the adaptive reuse of existing structures. The site also offers Tier 1 TOC benefits for residential redevelopment, allowing for fifteen (15) potential buildable units, an increased FAR of 2.75:1, and a max height of 56ft. Tenants will love being within walking distance to incredible West Adams amenities such as Mizlala, Tartine, Vees Cafe, Alta, MIAN West Adams, and many more.

Situated in a prime West Adams location in an opportunity zone, this offering presents an excellent opportunity for any investor to capitalize on adding value along a revitalizing main thoroughfare or redeveloping in one of the most up-and-coming markets of Los Angeles.

Contact Agent

Jason Tuvia

818.212.2735

(818) 448-4415

CalBRE #01772495

Unit Mix

Eleven (11) Retail Suites

Property Details

Property Type

Retail Strip

Submarket

West Adams

Price

$2,500,000

Price per Unit

$2,500,000

Price per SF

$426.04

Status

For Sale

Size

5,868 SF

Total Units

11

Year Built

1929

Property Location

2603 Hauser Blvd

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