1629 S New Hampshire Avenue, Los Angeles, CA 90006

  • $3,249,000
  • $413
1629 S New Hampshire Avenue, Los Angeles, CA 90006
  • Residential Income
  • Property Type
  • 8.00
  • Garages
  • 2024
  • Year Built
For Sale
1629 S New Hampshire Avenue, Los Angeles, CA 90006
  • $3,249,000
  • $413

Overview

Property ID: SGR-33601598
  • Residential Income
  • Property Type
  • 8.00
  • Garages
  • 2024
  • Year Built

Description

1629 S New Hampshire is a 2024 construction, FULLY rented 5-unit located just minutes from the USC campus and Exposition Park! This is one of the best priced BRAND-NEW CONSTRUCTION 5-UNITS IN ALL OF LA. With a stabilized 5.33% cap rate, this one-of-a-kind opportunity will not last long!

The property is made up of two enormous 5-bedroom units and three 3-bedroom units with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, all units rented extremely fast to A+ tenants. With $19,395 in monthly gross rent, ease of management this will be a high cash flow property for years to come! The building boasts tons of balconies, 8 garage parking spots accessed by a convenient back alley, luxury finishes, and large floorplans, these units ARE the #1 choice for high paying USC students, recent graduates and more! Every box is checked!

1629 S New Hampshire is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the Natural History Museum, Dr. Theodore T. Alexander Jr. Charter School. Plus, it’s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Plus enjoy separate meters for all utilities and a 1-year builder’s warranty!

  • Address 1629 S New Hampshire Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90006
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on August 26, 2024 at 11:39 am
  • Property ID: SGR-33601598
  • Price: $3,249,000
  • Land Area: 6551.00 m²
  • Garages: 8.00
  • Year Built: 2024
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 7861.00
  • MLS#: BB24139414
  • Office Name: MYUNITS.COM INC.
  • Agent Name: Elizabeth Maddox
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: On Track Property
  • Co-Agent Name: Isaac Davidi
  • Agent State License: 01921425
  • Co-Agent State License: 01819489
  • IDX Contact Info: 818-850-8485

Additional details

  • View: City Lights
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Green Verification: 1
  • Tax Annual: 38969.00
  • Flooring: Vinyl
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 8.00
  • Water Source: Public

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