$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 #24447665
Listed
$2,285,000
-4.59%
07/31/2024
CLAW #24415626
Removed
$2,395,000
07/22/2024
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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