15
See all 15 photos
$3,380,000
Est. payment /mo
3 Beds
5 Baths
9,931 Sqft Lot
Active
1233 N New Hampshire Avenue Los Angeles, CA 90029
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26035202
Bedrooms 3
Lot Size 9,931 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Positioned in the heart of East Hollywood, 1233 N New Hampshire Ave, Los Angeles presents a rare 16 unit value add investment opportunity in one of the citys most dynamic and sought after multifamily submarkets. Built in 1958, the property offers a desirable unit mix of three studios (studio x 3), twelve one bedrooms (1 bed x 12), and one two bedroom (2 bed x 1), with the majority of units currently leased at below market rents, creating significant upside potential through strategic interior renovations and improved management. Amenities include 24 on site parking spaces and a convenient laundry facility, enhancing tenant appeal and long term stability. Ideally located near Fountain Avenue and just moments from Kaiser Permanente, Hollywood Presbyterian Medical Center, and Childrens Hospital Los Angeles, the property benefits from strong rental demand driven by proximity to major employment centers, public transit, and a vibrant mix of dining, shopping, and entertainment in Hollywood, Los Feliz, Silver Lake, Koreatown, and Downtown LA. This is an exceptional opportunity to acquire a well located asset with immediate income and compelling growth potential in the thriving Los Angeles rental market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 101 Off Vermont Exit. North of Santa Monica Blvd and South of Hollywood Blvd. West of Vermont Ave
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Rock/Gravel
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5540015007
Acceptable Financing Cash
Listing Terms Cash
Listed by Edward Chen, DRE#01758593 Real Brokerage Technologies
NEARBY SCHOOL & BUSINESS
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