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

**Special Offer: $698/SF! 9 units for sale. This modern gated property, built between 2022 and 2024, features independent ownership and includes two garage spaces for added convenience. Located in a prime area of East Hollywood, it is within walking distance of City College, Los Angeles Film School, Southwestern Law School, and Musicians Institute. Situated in one of the coolest neighborhoods, this property is known for its diverse dining options and proximity to attractions like Silver Lake, Los Feliz, Hollywood Boulevard, Griffith Observatory, Getty Center, and Melrose Hill. These condo's are situated in an excellent place to live or rent out for investment, with a potential rental income of $5,200 to $9,000(pending short-term rental license) per month per unit. There are 9 units available, which can be purchased individually or together. 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.