Property listed by Marcus & Millichap, Jason Tuvia 818-212-2700
$2,050,000
We are pleased to present a multifamily building consisting of twelve (12) units located at 1212 N New Hampshire Ave in Los Angeles, California. The subject property is located in a great East Hollywood location, just north of Santa Monica Blvd and west of Vermont Ave. Located in a prime… Read More East Hollywood location adjacent to Silver Lake, this multifamily building consists of 12 units and offers a solid mix of eleven one-bedroom and one two-bedroom unit. The property features on-site parking with potential for multiple ADU conversions and a completed 2019 soft-story retrofit. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail, entertainment, healthcare, and Los Angeles City College, placing everyday amenities and nearby popular destinations easily within reach across central Los Angeles. 1212 N New Hampshire Ave presents a compelling value-add opportunity through approximately 25% rental upside and significant ADU conversion potential in a highly desirable East Hollywood location. Read Less
Listing Snapshot
Days Online
32
Last Updated
Beds
13
3/4 Baths
13
Square Ft.
8,581
Lot Size
0.18 Acres
Year Built
1955
MLS Number
26920767
Additional Details
Building
Built in 1955, Living area: 8581.0, 1 building, Levels: Two
Income
Gross Income: $213,782, Net Operating Income: $125,716
Lot
0.1837 acres
Taxes
Parcel Number: 5540018017, Zoning: LAR3
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