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
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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Scott Greenspan

Scott Greenspan

Greenspan Realty

+1(310) 936-7270
$ 2,649,000
Est. payment | /mo

16 Beds

16 Baths

5,935 SqFt

Save
$ 2,649,000
Est. payment | /mo
Save

16 Beds

16 Baths

5,935 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,935 sqft

Price per Sqft $446

MLS Listing ID 24466611

Bedrooms 16

HOA Y/N No

Year Built 2023

Lot Size 6,551 Sqft

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 C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport

Attached Garage Yes

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Foundation Raised

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5075019004

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Michael Fitzgerald • Power Brokers
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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1731 S New Hampshire AVE