$3,100,000

1233 N New Hampshire Avenue, Los Angeles, CA 90029

10,012

Square feet

9,931

Lot Size

16

# Of Units

Listing Agent
Neema Ahadian - Marcus & Millichap

1233 N New Hampshire Ave, a 16 unit value add investment opportunity located just south of Fountain Ave in East Hollywood. The subject property features an excellent unit mix of 3 singles, 12 one-bedrooms, and 1 two-bedroom. The majority of units are leased at below market rents, providing an investor the opportunity to capture over 75% rental upside through interior unit renovations as units turn such as adding recessed lighting, vinyl-plank flooring, updated bathrooms and kitchens, quartz countertops, and new windows. There are 24 parking space and a laundry room on site. East Hollywood is one of the most coveted multifamily submarkets in Los Angeles, located nearby many trendy eateries and shops in Los Feliz, Hollywood, and Silverlake. A High Walk Score of 93 with proximity to schools, employment and transit options giving residents an easy commute throughout the city to prominent areas such as Hollywood, Koreatown, and Downtown Los Angeles. The property is one block away from Kaiser Permanente Medical Center on Sunset Blvd, The Hollywood Presbyterian Medical Center, and the Children's Hospital Los Angeles.

Facts & Features

MLS® # 22195273
Price $3,100,000
Bathrooms 0.00
Square Footage 10,012
Lot Size 9,931
Year Built 1958
Type Residential Income
Status Active
# Of Units 16

Community Information

Address 1233 N New Hampshire Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Parking Covered
Garages Covered
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Natural Gas
Has Basement No
Fireplace No

Additional Information

Date Listed August 2nd, 2022
Days on Market 56
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentNeema Ahadian
OfficeMarcus & Millichap

Listing Map

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