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Listed by: Michael Fitzgerald (310) 793-6136 DRE #02016898 | Rise Realty (866) 344-7473
$2,895,000
19 Beds
- 18 Baths
7,860sqft
1629 S New Hampshire Ave, Los Angeles, CA 90006
$2,895,000
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Multi Family
Built in 2024
$-- HOA
6,551 sqft lot
$368/sq.ft
Description
Presenting 1629 S. New Hampshire Ave, a newly constructed 5-unit multifamily asset completed in 2024, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, with applications under review, offering investors an immediate lease-up opportunity.Once fully leased, the property is projected to generate pro forma gross income of approximately $232,200 annually and $19,350 monthly, reflecting a pro forma 6.1% cap rate.The building features five thoughtfully designed residences with modern open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each unit includes modern appliances, high-end ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
2024
HOA Fees
-
Finished Area
7,860 sqft
Lot Size
6,551 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26661731
MLS Status
Active
Days on Market
85
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