1731 S New Hampshire Ave, Los Angeles, CA 90006
1731 S New Hampshire Ave, Los Angeles, CA 90006
1731 S New Hampshire Ave, Los Angeles, CA 90006
1731 S New Hampshire Ave, Los Angeles, CA 90006
1731 S New Hampshire Ave, Los Angeles, CA 90006
1731 S New Hampshire Ave, Los Angeles, CA 90006
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$ 2,395,000
Est. payment | /mo

16 Beds

16 Baths

5,935 SqFt


Save
$ 2,395,000
Est. payment | /mo
Save

16 Beds

16 Baths

5,935 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,935 sqft

Price per Sqft $403

MLS Listing ID 26662385

Bedrooms 16

Year Built 2023

Lot Size 6,551 Sqft

Acres 0.1504

Property Sub-Type Multi-Family

Property Description

Presenting 1731 S. New Hampshire Ave, a newly constructed four-unit multifamily property completed in 2023, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, providing investors with an immediate lease-up opportunity. Once stabilized, the property is projected to generate approximately $188,388 in annual gross income, reflecting a pro-forma 6% cap rate.The building features four modern residential units thoughtfully designed with open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each residence includes modern kitchens, stainless steel appliances, and functional living spaces, creating an attractive environment for today's renters.An additional highlight of the property is the inclusion of fully paid-off solar panels, helping reduce operating costs while increasing long-term energy efficiency.The property is strategically located near Downtown Los Angeles, offering excellent connectivity to major employment centers and lifestyle amenities. Residents enjoy convenient access to the 10, 110, and 101 Freeways, as well as close proximity to Koreatown, USC, and DTLA, providing access to world-class dining, entertainment, and cultural attractions. Major destinations such as Crypto.com Arena and the Los Angeles Convention Center are also just a short drive away.With modern 2023 construction, strong pro-forma income potential, energy-efficient features, and a prime central Los Angeles location, 1731 S. New Hampshire Ave presents a compelling multifamily investment opportunity with immediate lease-up upside. Property can be purchased together with 1629 S. New Hampshire Ave. 5 unit building, just up the street asking $2,895,000.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Kitchen Quartz Counters

Interior

Heating Central

Cooling Central

Fireplaces Type None

Equipment Dryer, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Carport, Carport Attached, Carport Detached

Garage Spaces 8.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Rise Realty

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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1731 S New Hampshire Ave

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