CA > Los Angeles
Los Angeles, CA 90006,1629 S New Hampshire Ave
Los Angeles, CA 90006,1629 S New Hampshire Ave
Los Angeles, CA 90006,1629 S New Hampshire Ave
20
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$3,195,000
Est. payment /mo
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19 BD
18 BA
7,860 SqFt
Active

1629 S New Hampshire Ave Los Angeles, CA 90006

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Ben Collinsworth

Ben Collinsworth

+1(702) 553-6827

UPDATED:

03/05/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,860 sqft

Price per Sqft $406

MLS Listing ID 25502137

Bedrooms 19

Year Built 2024

Lot Size 6,551 Sqft

Acres 0.1504

Property Sub-Type Multi-Family

Property Description

Presenting 1629 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, five-unit multifamily property built in 2024. This modern, well-maintained building is an exceptional opportunity for investors, with all five units fully occupied, generating $237,660 in yearly income and offering a strong 5.57% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all five 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. Can be purchased together with 1731 S. New Hampshire Ave. (4 units).

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Attached

Garage Spaces 8.0

Pool None

Building

Story 3

Foundation Raised

Level or Stories Multi/Split, Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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agent

Ben Collinsworth

Agent | RE.S.0180589

+1(702) 553-6827

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1629 S New Hampshire Ave