Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90006 1145 S New Hampshire Avenue

1145 S New Hampshire Avenue Los Angeles, CA - Image 11145 S New Hampshire Avenue Los Angeles, CA - Image 21145 S New Hampshire Avenue Los Angeles, CA - Image 3
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1145 S New Hampshire Avenue Los Angeles, CA - Image 41145 S New Hampshire Avenue Los Angeles, CA - Image 51145 S New Hampshire Avenue Los Angeles, CA - Image 61145 S New Hampshire Avenue Los Angeles, CA - Image 71145 S New Hampshire Avenue Los Angeles, CA - Image 8
Presented By: Filip Niculete with Marcus & Millichap;
  • MLS# 25496795
  • 02/10/2025
  • Request Tour
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  • Beds • 8
  • Baths • 12
  • SQFT • 6,710
  • Year Built • 1929

Home Details

We are pleased to present for sale the New Hampshire Villas, a 12-unit apartment complex located at 1145 S New Hampshire Avenue in Los Angeles, California. Situated in the lively Pico-Union, this asset offers investors a near turnkey opportunity with strong rental upside potential.Originally built in 1929 and remodeled in 2018, the property is situated on a 5,399-square-foot lot with 6,710 square feet of rentable area. The unit mix includes eight studio/one-bath units and four one-bedroom/one-bath units, all featuring high-end finishes, stainless steel appliances, and modern interiors. The property has been thoughtfully maintained by current ownership and is complete with updated flooring, tiles, countertops, and a new roof that was installed in 2017. With a Walk Score of 94, tenants enjoy unparalleled access to restaurants, bars, shopping, and public transit options, making it a highly desirable location for renters seeking convenience and lifestyle appeal. The property is individually metered for gas and electricity, with separate water heaters for each unit, ensuring efficient operational management. This offering presents a rare chance to acquire a stabilized, well-maintained asset with the opportunity to increase income over time in one of Los Angeles' most sought-after rental submarkets.
Presented By: Filip Niculete with Marcus & Millichap;

Interior Features for 1145 S New Hampshire Avenue

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths12
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

General for 1145 S New Hampshire Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.31
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsS New Hampshire & W 12th
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income205795.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5469.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income127168.0
New ConstructionNo
Number Of Units Total12
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1929
ZoningLAR4

Exterior for 1145 S New Hampshire Avenue

Building Area Total6710.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x135
Lot Size Acres0.1256
Lot Size Area5469.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,395,000
MLS#25496795
List Date 02/10/2025
Property Type Multi-Family
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