1731 South New Hampshire Avenue
$2,649,000
16
16
5,935
5,935
$446
Description
Presenting 1731 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $187,200 in yearly income and offering a strong 5.39% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all four units. Designed with style and comfort in mind, the units cater to today's renters, with...Presenting 1731 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $187,200 in yearly income and offering a strong 5.39% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all four 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.
- Listed by Michael Fitzgerald • DRE #02016898 • Brokerage DRE #01268376 • Power Brokers
Property Details for 1731 South New Hampshire Avenue
Zoning
LARD1.5
Parcel Number5075019004
Total Units4.0
Living Area5935
Source Living AreaPlans
AreaMid Los Angeles (C16)
Vacancy Rate0%
Lot Size Area6551
LISTING UPDATED: 12/04/2024 12:01 AM
Property Details for 1731 South New Hampshire Avenue
Status | Active |
---|---|
MLS # | 24-466611 |
Days on Market | 25 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2023 |
Lot Size | 0.15 AC / 6,551 SF |
County | Los Angeles County |
Building Information for 1731 South New Hampshire Avenue
Stories2Residences-Year Built2023Building Size-Lot Size0.15 AC / 6,551 SF
Property Information for 1731 South New Hampshire Avenue
Property History for 1731 South 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 1731 South New Hampshire Avenue
Taxable ValueLand$499,392Additions$234,090Total$733,482
Tax Record2024$9,173 ($764 / month)
Home Facts
Total Finished SqFt1,172 SqFtAbove Grade Finished SqFt1,172 SqFtLot Size6,549 SqFtStyleDuplexYear Built1921ZoningLARD1.5CountyLOS ANGELESAPN5075-019-004
Schools near 1731 South New Hampshire Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 10 |
Rating | School | Distance |
---|---|---|
Camino Nuevo Jose Castellanos CharterK to 8 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Sophia T. Salvin Special Education Center PublicK to 10 |
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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