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$2,395,000
New Listing

1731 S New Hampshire Avenue
Los Angeles, CA 90006

For Sale|Residential Income|Active
16
Beds
16
Total Baths
5,935
SqFt
$404
/SqFt
2023
Built
County:
Los Angeles
Listed by Michael Fitzgerald of Rise Realty [email protected]
Call Now: 760-444-0432
Is this the listing for you? We can help make it yours.
760-444-0432
1731 S New Hampshire Avenue1731 S New Hampshire Avenue1731 S New Hampshire Avenue1731 S New Hampshire Avenue
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Presenting 1731 S. New Hampshire Ave, a newly constructed four-unit multifamily property completed in 2023, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, providing investors with an immediate lease-up opportunity. Once stabilized, the property is projected to generate approximately $188,388 in annual gross income, reflecting a pro-forma 6% cap rate.The building features four modern residential units thoughtfully designed with open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each residence includes modern kitchens, stainless steel appliances, and functional living spaces, creating an attractive environment for today's renters.An additional highlight of the property is the inclusion of fully paid-off solar panels, helping reduce operating costs while increasing long-term energy efficiency.The property is strategically located near Downtown Los Angeles, offering excellent connectivity to major employment centers and lifestyle amenities. Residents enjoy convenient access to the 10, 110, and 101 Freeways, as well as close proximity to Koreatown, USC, and DTLA, providing access to world-class dining, entertainment, and cultural attractions. Major destinations such as Crypto.com Arena and the Los Angeles Convention Center are also just a short drive away.With modern 2023 construction, strong pro-forma income potential, energy-efficient features, and a prime central Los Angeles location, 1731 S. New Hampshire Ave presents a compelling multifamily investment opportunity with immediate lease-up upside. Property can be purchased together with 1629 S. New Hampshire Ave. 5 unit building, just up the street asking $2,895,000.

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Listing Snapshot
Price 
$2,395,000
Days On Site 
0 Days
Bedrooms 
16
Inside Area (SqFt) 
5,935 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1504 Acres
Year Built 
2023
MLS® Number 
26662385
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.1504
Attached Garage 
Yes
Levels 
Two
Number Of Stories 
2
Parking 
AttachedAttached CarportCarportDetached Carport
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
5935
Zoning 
LARD1.5
Interior Features
Appliances 
MicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Fireplace Features 
None
Heating 
Central
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Exterior Features
Pool Features 
None
Spa Features 
None
Community Features
MLS Area 
C16 - Mid Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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