11503 New Hampshire Ave - Apartments FOR SALE


Los Angeles, CA 90044
$6,400,000 USD
213-623-0800
11503 New Hampshire Ave, Los Angeles, CA for Sale
$6,400,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

11503 New Hampshire Ave
Los Angeles, CA 90044


HIGHLIGHTS

  • Three (3) Separate Buildings On One Parcel
  • 10 Units: (2) 1 bed/1 Bath | (2) 2 Bed/1 Bath | (6) 3 Bed/3 Bath
  • Walking Distance to Metro Green Line Stop
  • Easy Freeway Access

OVERVIEW

11503 S New Hampshire Avenue is a 10-unit multi-family property ideally located in the Athens neighborhood of Los Angeles. The total 12,558 SF property consists of three separate buildings on one 8,454 SF lot. Unit mix consists of (2) one bed/one bath units, (2) two bed/one bath units and (6) three bed/three bath units. All units are planned for Section 8 tenants. The New Hampshire Avenue property is less than a 10 minute walk from the Vermont/Athens Metro Stop. Located just southwest of Imperial Hwy & Vermont Avenue, there are abundant retail and restaurant amenities nearby. Tenants can easily access the 105 & 110 Freeway, connecting to the world famous California beaches, downtown Los Angeles and greater Los Angeles. Los Angeles Southwest College is located less than one mile away. Buildings expected to be completed 3rd Quarter 2024.

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

10

PRICE/UNIT

$640,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,295 SF

ZONING

R3

APN/PARCEL ID

6079-020-047

ASK ABOUT THIS PROPERTY

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.