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1145 S New Hampshire Ave
Los Angeles, CA 90006
Remodeled Koreatown Apartments | 86% Leased · Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • Offer includes 12 modern apartments in the sought-after Koreatown neighborhood of LA, currently 86% occupied with further operational upside.
  • Within 10 minutes of major demand drivers including Downtown LA, the LA Convention Center, Crypto.com Arena, and the Memorial Coliseum.
  • Convenient access to the 10 and 110 Freeways and walkable stops for the B and D metro lines make commuting to and from the community a breeze.
  • After completing a full remodel in 2018 and a roof replacement in 2017, the units currently feature high-end finishes and stainless-steel appliances.
  • Units are individually metered for gas and electric with individual water heaters, significantly limiting a new owner’s operating costs.
  • Over 86% of the 3-mile population of more than 650,000 currently rent their homes, providing household spending of more than $835M during 2023.

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 6,710 SF
Average Occupancy 86%
No. Stories 2
Year Built/Renovated 1929/2022
Zoning R4-1VL - R4-1VL & Tier 3 TOC

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Pantry

SITE AMENITIES

  • Controlled Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - -
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5078-026-012
Land Assessment
$2,800,703
Improvements Assessment
$933,566
Total Assessment
$3,734,269
  • Listing ID: 32132897

  • Date on Market: 2024-06-14

  • Last Updated:

  • Address: 1145 S New Hampshire Ave, Los Angeles, CA 90006

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