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For SaleLuxury

$2,800,000

9,640 sqft$290/sqft114 days on market

1211 N New Hampshire Avenue

Los Angeles, CA 90029

· 8% down, 7% APR, 30yr fixed

10

Beds

16

Baths

9,640

Square feet

1955

Built

Listing narrative

Description

We are pleased to present an apartment building consisting of sixteen (16) units located at 1211 N New Hampshire Ave in Los Angeles, California. The subject property is located in a great East Hollywood location, just north of Santa Monica Blvd and west of Vermont Ave. Located in a prime East Hollywood location adjacent to Silver Lake, this courtyard property has 2 APNs and offers a desirable mix of six studios and 10 one-bedroom units. Three units at 1211 N New Hampshire Ave will be delivered vacant, providing immediate value-add potential, while existing rents offer approximately 25% upside. The properties feature on-site parking with potential for multiple ADU conversions, on-site laundry, and does not require a soft-story retrofit. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail, entertainment, healthcare, and Los Angeles City College, placing everyday amenities and nearby popular destinations easily within reach across central Los Angeles. This offering presents a compelling value-add opportunity through three delivered-vacant units, approximately 25% rental upside, and significant ADU conversion potential in a highly desirable East Hollywood location. *****PLEASE NOTE: This property is being sold with 1212 N New Hampshire Ave, APN: 5540-018-017. These can be purchased as a portfolio or separately.

Listing agent (MLS): Jason Tuvia · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$2,800,000

Beds

10 bd

Type

House

Home Size

9,640 sqft

Baths

16

Lot Size

0.29 acres

Year

1955

Status

For Sale

Days on Market

114

$ / Sqft

$290

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap