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Listed by: Jonathan Taksa (424) 672-8220 DRE #01366169 | Remax Commercial and Investment Realty (213) 817-1000
$3,925,000
24 Beds
- 24 Baths
11,792sqft
311 S New Hampshire Ave, Los Angeles, CA 90020
$3,925,000
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Multi Family
Built in 1989
$-- HOA
9,018 sqft lot
$333/sq.ft
Description
HUGE PRICE REDUCTION: NOW 6.98 CAP and 9.02 GRM!!!! We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles' dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational flexibility and the ability to capture substantial rental upside. The property is subject only to AB 1482, allowing for continued rent growth aligned with market performance. Situated on a desirable residential street just moments from Koreatown's premier dining, retail, and employment centers, 311 S ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1989
HOA Fees
-
Finished Area
11,792 sqft
Lot Size
9,018 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26660495
MLS Status
Active
Days on Market
84
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