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121 N New Hampshire Avenue

Los Angeles, CA 90004

– beds
– baths
– sqft
7,501 sqft lot
1923 build
– on site

Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.

Listed By CRMLS_CA / Shiva Mehrdad / Power Brokers

Last checked: Checking… • Last updated Oct 9, 2024 •

MLS# 24447665 —

The Building

Year Built:

1923
New Construction:

No
Building Area Total:

6711.00
# of Buildings:

1
Total Number Of Units:

8
Stories Total:

2

Interior

Levels:

Two

Location

Directions:

BETWEEN 1st ST AND N NEW HAMPSHIRE AVE
Latitude:

34.07341600
Longitude:

-118.29331100

The Property

Property Type:

Residential Income
Zoning:

LAR4
Lot Size Area:

7501.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7501.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5518027014

Heating & Cooling

Cooling:

No
Cooling:

None

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned, Uncovered

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/1/24 Oct 1, 2024	Listed / Active	CRMLS_CA	$2,285,000	19.6% (2.6% / YR)
7/30/24 Jul 30, 2024	Listed / Active	CRMLS_CA
7/22/24 Jul 22, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90004 is currently for sale for $2,285,000. 121 N New Hampshire Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 53 days. 121 N New Hampshire Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Edward R. Roybal Learning Center, Virgil Middle School, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - School Of Social Justice, Frank Del Olmo Elementary School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Belmont Senior High School, Miguel Contreras Learning Complex - Business And Tourism, and Miguel Contreras Learning Complex - Los Angeles School Of Global Studies.

Listing Courtesy of: CRMLS_CA and Power Brokers. Based on information from California Regional Multiple Listing Service, Inc. as of 05:10 on Nov 23.

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, 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.