$4,250,000
For Sale

311 S New Hampshire Avenue

Los Angeles, CA 90020
11792 sqft | 24 beds | 0.21 acres | #24468817
Listing OfficeKW Commercial Studio City
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

311 South New Hampshire Avenue is an attractive 16-unit apartment community in Koreatown. 311 South New Hampshire was built in 1989 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists of eight (8) Two Bedroom / 2 Bathroom units and eight (8) One Bedroom / One Bathroom units 16 spacious units. Current ownership has proven a concept for future ownership by executing tasteful remodels of five units (Units 201, 202, 204, 205, and 208). Unit upgrades include new modern flooring, updated bathrooms/kitchens with new appliances and countertops, and sleek fixtures throughout. 311 South New Hampshire Avenue boasts ample onsite parking, with 22 spaces in total. The property is not on the LA City mandatory seismic retrofit list. Located in Koreatown, 311 S New Hampshire Avenue is a short distance from the City's primary employers in Downtown Los Angeles and Hollywood and has world-class access to public transportation. 311 South New Hampshire Avenue has a Walk Score of 95 out of 100. This location is a Walker's Paradise, and daily errands do not require a car.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$4,250,000
      • MLS #24468817
      • MLS #24468817
      • Cost4250000
      • Acres0.207
      • Square Feet11792
      • Year Built1989
      • Bedrooms24
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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