$ 3,380,000
-
$3,380,000
Price -
3
Bed -
5
Bath -
10,012
SqFt
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About the Listing 22057 - W75047
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 city’s 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 Children’s 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.
Listing Highlights
Status
Active
Days on Site
45
Property Type
Multi-Family
MLS ®
WS26035202
Year Built
1958
Total Square Footage
10,012
Lot/Acreage
0.23
County
Los Angeles
Area
C20 - Hollywood
Interior Details
- Bedrooms: 3
- Bathrooms: 5 Full
- Appliances: Gas Oven, Gas Range, Refrigerator
- Air Cond: Electric
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Ceiling Fan(s),Laminate Counters,Storage,Tandem,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 16-20 Units/Acre,No Land Lease
- Garage Capacity: 24 car
- Parking Spaces: 24
- Zoning: LAR3
- Roof: Flat,Mixed,Tar/Gravel
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5540015007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1233 N New Hampshire Ave Los Angeles, CA 90029
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