Restricted Address

Los Angeles, CA 90044

$6,400,000
Price
22
Beds
22
Baths
12,558 Sq. Ft.
$510 / Sq. Ft.
12,558
Sq. Ft.
$510
per Sq. Ft.

Description

11503 S New Hampshire Avenue is a 10-unit multi-family property ideally located in the Athens neighborhood of Los Angeles. The total 12,558 SF property consists of three separate buildings on one 8,454 SF lot. Unit mix consists of (2) one bed/one bath units, (2) two bed/two bath units and (6) three bed/three bath units. All units are planned for Section 8 tenants. The three-story property includes first floor parking and in-unit laundry hook-ups. The New Hampshire Avenue property is less than a 10...11503 S New Hampshire Avenue is a 10-unit multi-family property ideally located in the Athens neighborhood of Los Angeles. The total 12,558 SF property consists of three separate buildings on one 8,454 SF lot. Unit mix consists of (2) one bed/one bath units, (2) two bed/two bath units and (6) three bed/three bath units. All units are planned for Section 8 tenants. The three-story property includes first floor parking and in-unit laundry hook-ups. The New Hampshire Avenue property is less than a 10 minute walk from the Vermont/Athens Metro Stop. Located just southwest of Imperial Hwy & Vermont Avenue, there are abundant retail and restaurant amenities nearby. Tenants can easily access the 105 & 110 Freeway, connecting to the world famous California beaches, downtown Los Angeles and greater Los Angeles. Los Angeles Southwest College is located less than one mile away. Property owner is a California Licensed Real Estate Professional.
  1. Listed by Alvin Scioneaux • DRE #02204613 • Brokerage DRE #00848427 • Lee & Associates Investments Services Group Inc
  2. Listed by Lisa Carr Smith • DRE #01189469 • Brokerage DRE #01189469 • Lisa Carr & Associates

Property Details for Restricted Address

Zoning
LCR320U*
Parcel Number
6079020047
Total Units
10.0
Living Area
12558
Source Living Area
Owner
Area
Metropolitan Southwest (C36)
Vacancy Rate
100%
Lot Size Area
8457
LISTING UPDATED: 11/27/2024 01:55 PM

Property Details for Restricted Address

StatusActive
MLS #24-397913
Days on Market226
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.19 AC / 8,457 SF
CountyLos Angeles County

Building Information for Restricted Address

Stories-Residences-Year Built-Building Size-Lot Size0.19 AC / 8,457 SF

Property Information for Restricted Address

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Section 8
  • Property Condition: New Construction
Contract Info
Contract Info
  • Disclosures: Affordable Housing Qualified
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $344,136
  • Net Operating Income: $236,125.00
  • Gross Income: $333,812
  • Gross Rent Multiplier: $18.60
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 97687
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1941
  • Lot Size Square Feet: 8457
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling Type: Air Conditioning
  • Heating Type: Other
  • Equipment: Stackable W/D Hookup
  • Laundry: Stackable
Exterior Features
Exterior Features
  • New Construction: Yes
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-30-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,006.00
  • Unit Actual Rent: $2,006.00
  • Unit Projected Rent: $2,006.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,544.00
  • Unit Actual Rent: $2,544.00
  • Unit Projected Rent: $2,544.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,263.00
  • Unit Actual Rent: $3,263.00
  • Unit Projected Rent: $3,263.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $598,230.00
  • Assessed Land Percent: 100
  • Assessed Total Value: $598,230.00

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for Restricted Address

Taxable ValueLand$610,194Additions-Total$610,194
Tax Record2024$7,493 ($624 / month)
Home Facts
Beds0Lot Size8,454 SqFtStyleResidentialZoningLCR320U*CountyLOS ANGELESAPN6079-020-047

Schools near Restricted Address

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
West Athens Elementary School
PublicK to 5

Animo Charter Middle No. 3
Charter6 to 8

George Washington Preparatory High School
Public9 to 12

Boys Academic Leadership Academy
Public6 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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Restricted Address is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on May 6, 2024 by Lee & Associates Investments Services Group Inc, it's currently listed at $6,400,000. It has been on the market for a total of 226 days and was last sold on June 25, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include West Athens Elementary School, Animo Charter Middle No. 3 and George Washington Preparatory High School. Restricted Address is a 22-bed, 22-bath, 12,558 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lee & Associates Investments Services Group Inc, Alvin Scioneaux, DRE #02204613; Lisa Carr & Associates, Lisa Carr Smith, DRE #01189469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.