9
See all 9 photos
$2,395,000
Est. payment /mo
6,710 SqFt
Active
1145 S New Hampshire Avenue Los Angeles, CA 90006
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,710 sqft
Price per Sqft $356
MLS Listing ID CL25496795
HOA Y/N No
Year Built 1929
Lot Size 5,469 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
We are pleased to present for sale the New Hampshire Villas, a 12-unit apartment complex located at 1145 S New Hampshire Avenue in Los Angeles, California. Situated in the lively Pico-Union, this asset offers investors a near turnkey opportunity with strong rental upside potential.Originally built in 1929 and remodeled in 2018, the property is situated on a 5,399-square-foot lot with 6,710 square feet of rentable area. The unit mix includes eight studio/one-bath units and four one-bedroom/one-bath units, all featuring high-end finishes, stainless steel appliances, and modern interiors. The property has been thoughtfully maintained by current ownership and is complete with updated flooring, tiles, countertops, and a new roof that was installed in 2017. With a Walk Score of 94, tenants enjoy unparalleled access to restaurants, bars, shopping, and public transit options, making it a highly desirable location for renters seeking convenience and lifestyle appeal. The property is individually metered for gas and electricity, with separate water heaters for each unit, ensuring efficient operational management. This offering presents a rare chance to acquire a stabilized, well-maintained asset with the opportunity to increase income over time in one of Los Angeles' most sought-after rent
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Wall Furnace
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 5078026012
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Listed by Filip Niculete • Marcus & Millichap