The Ghobadi Investment Team of Colliers International is pleased to present the exclusive offering of 311 South New Hampshire Avenue, a well-maintained 16-unit multifamily asset located in the thriving Koreatown neighborhood of Los Angeles. Built in 1989, the property is exempt from Los Angeles Rent Stabilization Ordinance (RSO) and governed by AB 1482, allowing for annual rent increases of 5% plus CPI - a notable advantage for investors seeking consistent revenue growth. The unit mix features eight (8) two-bedroom / two-bathroom units and eight (8) one-bedroom / one-bathroom units, offering spacious layouts ideal for the area’s strong tenant base. Five units have been renovated with new flooring, upgraded kitchens and bathrooms, new appliances and countertops etc. Residents benefit from on-site laundry facilities and secure gated parking with 22 spaces. Strategically positioned in a high-demand rental corridor of Koreatown, the property is within close proximity to dining, retail, and entertainment destinations, and just minutes from the 101 Freeway.