Active

1731 S New Hampshire Avenue

Los Angeles CA, 90006

$2,649,000


$446.34 per sqft

Active

16 Beds

16 Baths

5,935 sqft

Residential

Built in 2023

Listed by Michael Fitzgerald with Power Brokers 310-793-6136

Presenting 1731 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $187,200 in yearly income and offering a strong 5.39% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all four units. Designed with style and comfort in mind, the units cater to today's renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels. Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA's bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center, and Crypto Arena are all just a short drive away. With its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles.

24466611

MLS ID

November 26, 2024

Listed

December 5, 2024

Updated

Map

1731 S New Hampshire Avenue
Los Angeles CA, 90006

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

16


Appliances

Dishwasher, Microwave, Refrigerator, Dryer, Washer


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Other

Other Property Details

Area Name

C16 - Mid Los Angeles


Days on Market

8


Garage

Yes


Parking

Attached Carport


Parking Total

8


View

No


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listing Contact: 424-738-5900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 1:18 PM UTC

 

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