1731 S New Hampshire Avenue
Los Angeles, CA, 90006 $ 2,395,000
Bedrooms16 Baths6.0 Sq 5,935 Monthly Estimate*
$ 14,746
for $2,395,000 with 16 bedrooms and 6 full baths. This 5,935 square foot home was built in 2023 on a lot size of 0.1504.
Presenting 1731 S. New Hampshire Ave, a newly constructed four-unit multifamily property completed in 2023, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, providing investors with an immediate lease-up opportunity. Once stabilized, the property is projected to generate approximately $188,388 in annual gross income, reflecting a pro-forma 6% cap rate.The building features four modern residential units thoughtfully designed with open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each residence includes modern kitchens, stainless steel appliances, and functional living spaces, creating an attractive environment for today's renters.An additional highlight of the property is the inclusion of fully paid-off solar panels, helping reduce operating costs while increasing long-term energy efficiency.The property is strategically located near Downtown Los Angeles, offering excellent connectivity to major employment centers and lifestyle amenities. Residents enjoy convenient access to the 10, 110, and 101 Freeways, as well as close proximity to Koreatown, USC, and DTLA, providing access to world-class dining, entertainment, and cultural attractions. Major destinations such as Crypto.com Arena and the Los Angeles Convention Center are also just a short drive away.With modern 2023 construction, strong pro-forma income potential, energy-efficient features, and a prime central Los Angeles location, 1731 S. New Hampshire Ave presents a compelling multifamily investment opportunity with immediate lease-up upside. Property can be purchased together with 1629 S. New Hampshire Ave. 5 unit building, just up the street asking $2,895,000.
See more
FeaturesGeneralLiving Area 5935
Heating Central
Cooling CentralAir
Appliances Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Pool Features None
Year Built 2023
Stories Count 2
Levels Two
Gross Income 188388
County Los Angeles
Net Operating Income 143657
New Construction false
Property Type ResidentialIncome
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 1731 S. New Hampshire Ave. Los Angeles CA 90006
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C16 - Mid Los Angeles
Lot Size Units SquareFeet
Lot Size Square Feet 6551
Carport Y/N true
Spa Features None
Standard Status Active
Year Built Source Builder
Cap Rate 6
See more
InteriorFireplace Features None
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 16
See more
ExteriorParking Features AttachedCarport Carport DetachedCarport
Total Parking 8
Lot Size Area 6551
Number of Buildings 2
Spa false
Building Area Total 5935
Lot Size Acres 0.1504
Private Pool false
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
See more
* Excluded FeaturesList ByMichael@michaelfitzgeraldrealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,746
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Los Angeles, CA
Average List Price $3,521,292
Percent of Sale Price 47%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $2,395,000 | | Listed Price |