Los Angeles, CA 90006,1731 S New Hampshire Ave
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Los Angeles, CA 90006,1731 S New Hampshire Ave
Los Angeles, CA 90006,1731 S New Hampshire Ave
Los Angeles, CA 90006,1731 S New Hampshire Ave
Los Angeles, CA 90006,1731 S New Hampshire Ave
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$ 2,595,000
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Price Dropped by $54K

1731 S New Hampshire Ave Los Angeles, CA 90006

16 Beds

16 Baths

5,935 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,935 sqft

Price per Sqft $437

MLS Listing ID 24-466611

Bedrooms 16

Year Built 2023

Lot Size 6,551 Sqft

Acres 0.1504

Property Sub-Type Multi-Family

Property Description

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 $189,600 in yearly income and offering a strong 5.79% 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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

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

Exterior

Parking Features Carport Attached

Garage Spaces 8.0

Building

Story 2

Foundation Raised

Sewer In Street

Water Public

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Power Brokers

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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