1731 S New Hampshire Avenue
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 6,551 sqft lot
- 2023 build
- – on site
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.
Last checked:
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Last updated Dec 11, 2024
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MLS# 24466611 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2023
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Year Built Source:Builder
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New Construction:No
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Building Area Total:5935.00
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Total Number Of Units:4
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# of Buildings:2
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Foundation:Raised
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Stories Total:2
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Flooring:Laminate
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:1731 S. New Hampshire Ave. Los Angeles, CA 90006
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Latitude:34.04178100
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Longitude:-118.29269000
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:6551.0000
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Lot Size Acres:0.1504
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Lot Size SqFt:6551.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5075019004
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Other
Appliances
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Appliances:Dishwasher, Microwave, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Attached Carport
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/26/24
Nov 26, 2024
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Listed / Active | CRMLS_CA | $2,649,000 | 275.7% (86.3% / YR) |
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7/30/24
Jul 30, 2024
|
Price Changed | CRMLS_CA | ||
|
5/15/24
May 15, 2024
|
Listed / Active | CRMLS_CA |
