1629 S New Hampshire Avenue, Los Angeles, CA, 90006

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$3,195,000
109 Days On Site

1629 S New Hampshire Avenue
Los Angeles, CA 90006

For Sale|Residential Income|Active
19
Beds
18
Total Baths
7,860
SqFt
$406
/SqFt
2024
Built
County:
Los Angeles
Listed by Michael Fitzgerald of Power Brokers [email protected]
1629 S New Hampshire Avenue1629 S New Hampshire Avenue1629 S New Hampshire Avenue1629 S New Hampshire Avenue
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Monthly Payment (Est.)

$14,577
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Presenting 1629 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, five-unit multifamily property built in 2024. This modern, well-maintained building is an exceptional opportunity for investors, with all five units fully occupied, generating $237,660 in yearly income and offering a strong 5.57% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all five 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. Can be purchased together with 1731 S. New Hampshire Ave. (4 units).

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Listing Snapshot
Price 
$3,195,000
Days On Site 
109 Days
Bedrooms 
19
Inside Area (SqFt) 
7,860 sqft
Total Baths 
18
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1504 Acres
Year Built 
2024
MLS® Number 
25502137
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.1504
Attached Garage 
Yes
Foundation 
Raised
Garage 
Yes
Garage Spaces 
8
Number Of Stories 
3
Parking 
Attached
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
7860
Stories 
Three Or MoreMulti/Split
Zoning 
LARD1.5
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Heating 
Central
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Exterior Features
Pool Features 
None
Spa Features 
None
Community Features
MLS Area 
C16 - Mid Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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