1245 N New Hampshire Ave - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$7,990,000 USD
909-472-8888
1245 N New Hampshire Ave, Los Angeles, CA for Sale
$7,990,000 USD
Apartments - FOR SALE
1/24
null | 4.32% Cap Rate

1245 N New Hampshire Ave
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • Brand new 9 condos sit on 2 buildings/modern designed floor plans/tri-level/lots of natural lights/fits for young professionals
  • walking distance to Kaiser permanente hospital*LA Children Hospital and Hollywood Presbyterian Medical Center are near by
  • It could be sold in all 9 units together or sold each unit separately!

OVERVIEW

***Price reduced***Seller needs a quick escrow***Newer 9 units condo*NO RENT CONTROL*2 units are 3 bedrooms, 2.5 baths* 7 units are 3 bedrooms, 3.5 baths and all 6 units look like end units*In 2 buildings* 7 units are currently leased *walking distance to Kaiser Permenate hospital* near LA Children Hospital & Hollywood Presbyterian Medical Center* Easy freeway 101 access. Developer is anxious to sell all 8 units with rentals together* it could be sold individually as a condo with rental*call for each unit selling price. Property is managed by HOA management company with HOA due about $451`.00.*each unit with 2 subterranean tandem style parking * 2 guest parking*total 20 parking spaces*EV charger available* each unit has own laundry with washer and dryer equipped*refrigerator included*each unit has separate electric & gas meter and sub-meter for water*tenants pay for their own electricity/gas and water usages. This is a condo project in two buildings* it could be sold by each individual unit, call for each unit price!

FOR SALE DETAILS

PRICE

$7,990,000 USD

PRICE/SF

$615 USD /SF

# OF UNITS

9

PRICE/UNIT

$887,778

CAP RATE

4.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newhampshire Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,090 SF

ZONING

LAR3

APN/PARCEL ID

5540-015-024,5540-015-025,5540-015-026,5540-015-028,5540-015-029,5540-015-030,5540-015-031,5540-015-032

ASK ABOUT THIS PROPERTY

Therina LinEncore Realty and FinancialMore Info
909-472-8888

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Therina LinEncore Realty and FinancialMore Info
909-472-8888

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