121 North New Hampshire Avenue
$2,285,000
8
8
6,711
6,711
$340
Description
Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and...Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.
- Listed by Shiva Mehrdad • DRE #01279649 • Brokerage DRE #01268376 • Power Brokers
Property Details for 121 North New Hampshire Avenue
Zoning
LAR4
Parcel Number5518027014
Total Units8.0
Living Area6711
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Vacancy Rate30
Lot Size Area7501
LISTING UPDATED: 10/09/2024 12:01 AM
Property Details for 121 North New Hampshire Avenue
Status | Active |
---|---|
MLS # | 24-447665 |
Days on Market | 52 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.17 AC / 7,501 SF |
County | Los Angeles County |
Building Information for 121 North New Hampshire Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,501 SF
Property Information for 121 North New Hampshire Avenue
Property History for 121 North New Hampshire Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 121 North New Hampshire Avenue
Taxable ValueLand$1,519,000Additions$655,749Total$2,174,749
Tax Record2024$27,327 ($2,277 / month)
Home Facts
Total Finished SqFt6,711 SqFtAbove Grade Finished SqFt6,711 SqFtLot Size7,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR4CountyLOS ANGELESAPN5518-027-014
Schools near 121 North New Hampshire Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frank Del Olmo Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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