$949,000

2804 Hazel St Lake Charles, LA 70601

Estimated payment $5,197/month

Total Views 596
-- Bed
-- Bath
3,081 Sq Ft
$308 Price per Sq Ft

About This Home

Explore this rare investment opportunity that includes: A four-plex, a duplex, three single-family homes, a warehouse, and 3 vacant lots. This diverse portfolio includes a total of 9 doors, 8 of which are occupied. Situated in Lake Charles these sites have quick access to the mall, fast food and sit down restaurants, an elementary school, and public transportation. All of the properties are on the same street. The sites are being sold in a discounted package significantly below retail. In the supplements you will find rents, zoning, taxes, insurances, flood zone, plats, and measurements. There are 2 vacant lots and one home that may have no value. These 3 lots represent an opportunity to build affordable housing to offer the community at competitive rent rates.

Listing Agent

Steven Floyd

Coldwell Banker Ingle Safari R License #41445 Listed on: 10/14/2024

Coldwell Banker Ingle Safari R

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,341

Year Built

  • 2014

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • 9 Units
  • Barbe E R Subdivision

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Water Meters
  • Insurance Expense $12,309
  • Operating Expense $18,983
  • Gross Income $87,697
  • Net Operating Income $87,697

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,341

Year Built

2014

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot
  • LotSizeAcres: 0.39
  • Lot Size: 161X107 m/l
  • Has View?: No
  • Co List Office Phone: 337-478-1601
  • Co List Office Phone: 337-478-1601
  • Special Conditions: Standard
  • Subdivision Name: Barbe E R
  • Directions: Head west on I-210 W Take exit 5 for Lake St Turn right onto Lake St Turn right onto W 18th St Turn right onto Hazel St Destination will be on the right
  • Has Cooling?: No
  • Has Fireplace?: No
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Number Of Buildings: 5
  • Private Spa: No

Exterior Features

  • Has Private Pool?: No

Garage/Parking

  • Has Open Parking?: No

Utilities

  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.39
  • Additional Parcels: No
  • Zoning Description: Residential
  • Zoning: Neighborhood

Rental Info

  • Rent Control: Yes

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 87697.0
  • Insurance Expense: 12309.0
  • Property Net Operating Income: 87697.0
  • Annual Operating Expense: 18983.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 9

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,341 $24,420 $2,590 $21,830
2023 $2,341 $24,420 $2,590 $21,830
2022 $2,361 $24,420 $2,590 $21,830
2021 $2,043 $24,420 $2,590 $21,830
2020 $2,134 $22,140 $2,490 $19,650
2019 $2,338 $24,230 $2,400 $21,830
2018 $725 $7,490 $2,400 $5,090
2017 $421 $4,320 $2,400 $1,920
2016 $425 $4,320 $2,400 $1,920
2015 $425 $4,320 $2,400 $1,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 For Sale $949,000 -- $308 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,282 New Conventional
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24006089

APN: 00307297

Louisiana Calcasieu Parish Lake Charles 70601

2804 Hazel St, Lake Charles, LA

For Sale

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Steven Floyd
Listing Agent
Steven Floyd
Section Image
Coldwell Banker Ingle Safari R
(337) 279-3571