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