$2,649,000
1731 S New Hampshire AVE Los Angeles, CA 90006
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$2,649,000
Est. payment /mo
16 BD
16 BA
5,935 SqFt
New
1731 S New Hampshire AVE Los Angeles, CA 90006
UPDATED:
11/26/2024 10:56 PM
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
Listed by Michael Fitzgerald • Power Brokers
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