CA > Los Angeles
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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$2,649,000
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16 BD
16 BA
5,935 SqFt
Active

1731 S New Hampshire Ave Los Angeles, CA 90006

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Dallas Baker

Dallas Baker

+1(424) 243-7444

UPDATED:

12/04/2024 07:01 AM

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 $446

MLS Listing ID 24-466611

Bedrooms 16

Year Built 2023

Lot Size 6,551 Sqft

Acres 0.1504

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 $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.

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)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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+1(424) 243-7444

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1731 S New Hampshire Ave