Active

1731 S New Hampshire Ave

Los Angeles CA, 90006

$2,649,000


$446.34 per sqft

Active

16 Beds

16 Baths

5,935 sqft

Multi-family

Built in 2023

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.

24-466611

MLS ID

November 26, 2024

Listed

January 2, 2025

Updated

Map

1731 S New Hampshire Ave
Los Angeles CA, 90006

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

16


Appliances

Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

In Street

Other Property Details

Area Name

Mid Los Angeles


Days on Market

37


Garage

No


Parking

Carport Attached


Parking Total

8


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

LARD1.5

Listed by Michael Fitzgerald with Power Brokers
Listing Contact: 310-793-6136 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/2/2025

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