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$2,285,000

Beds
8
sq ft
6,711

121 N New Hampshire Ave, Los Angeles, CA 90004

121 N New Hampshire Ave

Los Angeles, CA 90004

  • 83 days on market
Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.

Details

Property type

Lot size

7,501 sq ft

Price per sq ft

$341

Year built

1923

HOA

No

Price History

10/01/2024
CLAW

CLAW #24447665

Listed
$2,285,000
-4.59%
07/31/2024
CLAW

CLAW #24415626

Removed
$2,395,000
07/22/2024
CLAW

CLAW #24415626

Listed
$2,395,000
+25.39%

Schools & Community

Neighborhood: 

Koreatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/24/2024 at 5:30 AM

Listing updated: 12/04/2024 at 6:15 PM

Listed by: Shiva Mehrdad, Power Brokers Phone #: (424) 738-5900

MLS: CLAW #24447665

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