1731 S New Hampshire Avenue
Los Angeles, CA 90006
Active for $2,649,000
Beds: 16 Baths: 16 Structure Size: 5,935 sqft Lot Size: 6,551 sqft
| MLS | 24466611 |
| Year Built | 2023 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,649,000 |
| Structure Size | 5,935 sqft |
| Lot Size | 6,551 sqft |
| Beds | 16 |
| Baths | 16 |
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.
Listing information courtesy of: Michael Fitzgerald, Power Brokers 310-793-6136. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Jose Tello
REALTOR®
Direct: 818.321.2981
Email: Email Me
DRE: 02072890
DRE #01873088
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