1629 S New Hampshire Avenue, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties

1629 S New Hampshire Avenue, Los Angeles, CA 90006

$3,195,000 Approx. USD 19 beds, 18 baths
7,860 sqft

Listing Agent


Michael Fitzgerald | Michael@michaelfitzgeraldrealtor.com
Lic#: 02016898
Broker: Courtesy of Power Brokers

Agent Remarks

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).

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25502137
Price: $3,195,000
Beds: 19
Baths: 18
Built in 2024
7,860 sqft
0.15 acres
Lot size: 0.1504
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
Heating/cooling: Central Air
Heating description: Central
MLS area: C16 - Mid Los Angeles

Last Updated: 3/5/2025

 Days On Market (DOM): 75

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.043327, -118.292700.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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