$1,475,000
Active Under Contract
54 Days Online
0 Beds0 Baths4,684 SQFT
Active Under Contract

857 S New Hampshire Avenue Los Angeles, CA 90005

View all 55 Photos
Static map
Map

Welcome to a prime investment opportunity nestled in the heart of Koreatown. This 4-unit apartment complex offers a chance for investors or owner-occupants seeking a high-demand rental property in one of LA's most dynamic neighborhoods. Gated parking with two spaces per unit. In-unit laundry hook-ups and separate water heaters. Private balconies.Property Overview:Location: Situated in the coveted Koreatown district, this property enjoys proximity to an array of amenities including shopping centers, restaurants, entertainment venues, and public transportation hubs.Unit Mix: The complex comprises four spacious units thoughtfully designed to cater to the needs of urban dwellers. Each unit offers a blend of comfort, functionality, and modern conveniences. Each unit is Two Bedroom, two bathrooms on one level of approximately 1, 170 square feet.Income Potential: With strong rental demand in Koreatown, this property presents an attractive income-generating opportunity for investors. The consistently high demand for housing in this area should provide stable rental income and potential for long-term appreciation.Spacious Layouts: Each unit boasts generous living spaces, providing residents with ample room for relaxation and entertainment.Investment Highlights:Strong Market Fundamentals: Koreatown continues to attract renters due to its central location, diverse cultural offerings, and vibrant atmosphere.Stable Cash Flow: With a proven track record of rental success, this property should offer a stable source of cash flow for investors.Value-Add Potential: While already well-maintained, there is potential for further enhancement and value-add opportunities to maximize rental income.Low Vacancy Rates: Demand for housing in Koreatown remains consistently high, resulting in low vacancy rates.Don't miss out on this exceptional investment opportunity in Koreatown, whether you're a seasoned investor looking to expand your portfolio or a newcomer!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site53 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberP1-17154
  • Home Size Source N/A
  • Year Built1921
  • Lot Size0.1723 Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 857 S New Hampshire Avenue Los Angeles, CA 90005

4 days ago
4 days ago
4 weeks ago
a month ago
2 months ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Style Mediterranean
  • Construction BlockGlassStucco
  • Parking AssignedDriveway LevelGatedOff StreetOn SiteParking SpacePaved
  • Parking Spaces 8
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.1723
  • Water Public
  • Security Automatic GateCarbon Monoxide Detector(s)Security LightsSmoke Detector(s)
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected
  • Foundation Raised
  • Zoning R4-2
  • Listing Conditions Standard
  • Direction Faces East

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Natural GasWall Furnace
  • Appliances Gas Water HeaterRecirculated Exhaust FanWater Heater
  • Flooring CarpetLaminateVinyl
  • Interior 2 StaircasesBalconyBlock WallsCopper Plumbing PartialCrown MoldingFormica CountersLiving Room BalconyStorageUnfurnished
  • Fireplace Features None
  • Laundry Features Gas Dryer HookupIndividual RoomInsideWasher Hookup
  • Window Features Wood Frames
  • Fireplace No

Exterior Features

  • Roof FlatRolled/ Hot MopSpanish Tile
  • View None
  • Spa No
  • Pool Features None
  • Spa Features None
  • Exterior Awning(s)Lighting
  • Lot Front YardLawnLevel with StreetLot 6500-9999Near Public TransitPavedRectangular LotUtilities - OverheadYard
  • Road Frontage AlleyCity Street

Community Features

  • Association Dues 0
  • Community Features BikingCurbsGolfParkSidewalksStorm DrainsStreet LightsUrban
  • Senior Community No
  • Security Features Automatic GateCarbon Monoxide Detector(s)Security LightsSmoke Detector(s)

Mortgage Calculator

Monthly Payment (Est.)

$7,874
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 857 S New Hampshire Avenue Los Angeles, CA 90005