1245 N New Hampshire Ave - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$9,000,000 USD
949-351-1343
1245 N New Hampshire Ave, Los Angeles, CA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/64
null | Request Cap Rate

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


HIGHLIGHTS

  • There are 9 units (each unit have 2 parking space)available, which can be purchased individually or together.

OVERVIEW

??Location! Location! Location! ??Los Angeles City University, Los Angeles Film Academy, and Southwestern Law School are all within walking distance! Close to the Conservatory of Music and Bernstein High School STEM Academy (Science and Technology Vocational High School), 25 minutes from USC! ??Close to famous attractions such as Hollywood Boulevard, Griffith Observatory, Getty Center, Melrose Hill, and Art Museum! ??You can apply for a short-term rental license, which can be rented for 180 days without rent control! Rental income can reach up to $9,000/month! ??Special price of $960,000! 3 bedrooms and 2.5 bathrooms, with an indoor area of ??approximately 1,450 square feet, equipped with a washer, dryer, refrigerator, and upgraded wood floors. ??Low A $450/month HOA fee covers insurance and garbage fees. The owner only needs to pay property taxes and utilities! ??Newly built in 2022! With Independent property rights and two garages (with Tesla charging), the Gated community is clean and safe! ??Located in Hollywood, 5 minutes from Thai Town, 10 minutes from Korea Town, and China Town! Rich food and a convenient life! 2 minutes to Hollywood Medical Center! ??Suitable for self-use or rental investment! There are 1-9 units that can be purchased separately or together, with an average yield of up to 7.5%! Flexible choice! Address: 1245 N New Hampshire Ave Contact Lynn9493511343 Unit 1:$1,035,000; (3B3.5BA,1479SF,APN:5540015024) Unit 2:$960,00; (2B/2.5BA,1324SF,APN:5540015025) Unit 3:$980,000; (3B/2.5BA,1366SF,APN:5540015026) Unit 4,$1,080,000; (3B/3.5BA,1382SF,APN:5540015027) Unit 5:980,000; (3B/3.5BA,1382SF,APN:5540015028) Unit 6:1,020,000; (3B/3.5B,1460SF,APN:5540015029) Unit 7:1,020,000; (3B/3.5BA,1460SF,APN:5540015030) Unit 8:1,080,000; (3B/3.5BA,1535SF,APN:5540015031) Unit 9:1,080,000; (3B/3.5BA,1535SF,APN:5540015032)

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$732 USD /SF

# OF UNITS

9

PRICE/UNIT

$1,000,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,090 SF

ZONING

R3-1XL

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

Lynn ParisPinnacle Commercial Real EstateMore Info
949-351-1343

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

Lynn ParisPinnacle Commercial Real EstateMore Info
949-351-1343

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