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121 N New Hampshire Ave

Los Angeles, CA 90004
  • $1,997,200
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 25544713
UPDATED: 63 min ago
$1,997,200
  • 0
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,711
    SQFT
  • $298
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

Located just southeast of Normandie & Beverly in the heart of Koreatown, this classic Spanish-style 8-unit apartment building offers a rare blend of immediate income potential, long-term upside, and prime positioning in one of LA's strongest rental markets.Sitting on a 7,499 SF R4-zoned lot, this 6,711 SF building currently features eight oversized 1BR/1BA units, three of which are fully renovated and two delivered vacant, making it ideal for owner-users or investors looking to capture strong market rents right away. The property boasts significant capital upgrades, including copper/PEX plumbing, fresh exterior paint, renovated units, and new landscaping. Tenants enjoy classic hardwood floors, individual gas/electric meters, on-site laundry, and 6 gated parking spaces in the rear. Zoned LAR4, gives the opportunity for development in the future. Located minutes from Silver Lake, Downtown LA, and Dodger Stadium, and within walking distance to major Koreatown attractions and transit lines, this building checks all the boxes for location, stability, and future growth.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T06:43:51.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.fasthouseshop.com/homes/164358770
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121 N New Hampshire Ave Los Angeles, CA 90004

  • Price: $1,997,200
  • Status: Active
  • On Site: 19 Days
  • Updated: 63 min ago
  • ID#: 25544713
0
Beds
8
Baths
0
½ Baths
0.17
Acres
6,711
SQFT
$298
$/SQFT
1923
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Located just southeast of Normandie & Beverly in the heart of Koreatown, this classic Spanish-style 8-unit apartment building offers a rare blend of immediate income potential, long-term upside, and prime positioning in one of LA's strongest rental markets.Sitting on a 7,499 SF R4-zoned lot, this 6,711 SF building currently features eight oversized 1BR/1BA units, three of which are fully renovated and two delivered vacant, making it ideal for owner-users or investors looking to capture strong market rents right away. The property boasts significant capital upgrades, including copper/PEX plumbing, fresh exterior paint, renovated units, and new landscaping. Tenants enjoy classic hardwood floors, individual gas/electric meters, on-site laundry, and 6 gated parking spaces in the rear. Zoned LAR4, gives the opportunity for development in the future. Located minutes from Silver Lake, Downtown LA, and Dodger Stadium, and within walking distance to major Koreatown attractions and transit lines, this building checks all the boxes for location, stability, and future growth.
Exterior Features

Levels Two Lot Size Area 7501 Other Structures None Parking Garage AssignedOtherUncovered Total Parking 0

Interior Features

Cooling Other Equipment Range/OvenRefrigerator Heating Other

Property Features

Assessed Total Value 2173249 Disclosures None Gross Income 174456 Gross Operating Income 174456 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 122119.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 52337 Type Of Units Regular Year Built Source Vendor Enhanced Zoning LAR4

Listing provided courtesy of Jacob Hausman DRE#01124558 of The RFC Group: 310-275-5156.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T06:43:51.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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