121 N New Hampshire Avenue

  • Los Angeles

  • $2,295,000

Residential Income Details

PRICE REDUCED BY $354,000. We are pleased to present a Spanish Style 8 unit multifamily investment opportunity located in the Mid-Wilshire submarket of Los Angeles. The building consists of 6,711 SF of living area and is situated on a 7,499 SF lot zoned R-4. This zoning would provide a new owner with future development exit strategies such as the ability to build 18 units by right on the subject parcel (Buyer to Verify).This property features: 8 very spacious 1BR+1BA units. All units have hardwood floors and are individually metered for gas and electricity. The majority of the units have been beautifully renovated which is reflected by the Rent/SF that the owner has been able to achieve. The property has undergone major capital improvements including:100% Copper/Pex Plumbing, New Exterior Paint, New Landscaping, Rehabbed Units, etc. These upgrades help keep operating expenses low. Lastly, the property has parking for 6 spaces in the rear of the building along with on-site laundry.
MLS #18354218
Number of Units8
Sale TypeStandard
Listing BrokerageKeller Williams Silicon Beach
Listing AgentJonathan Prakash
Listing Agent BRE #01483131
Co-Listing AgentDerrick Vartanian
Co-Listing Agent BRE #01816119
CoolingSee Remarks
AreaC17 - Mid-Wilshire
Address121 N New Hampshire Avenue
CityLos Angeles
CountyLos Angeles


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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, August 15, 2018. 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. 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, 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.