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Vacant New Multifamily Construction 11503 New Hampshire Ave 10 Unit Apartment Building $7,522,240 CAD ($752,224 CAD/Unit) Los Angeles, CA 90044
Investment Highlights
- Three (3) Separate Buildings On One Parcel
- Walking Distance to Metro Green Line Stop
- Motivated Seller
- 10 Units: (2) 1 bed/1 Bath | (2) 2 Bed/1 Bath | (6) 3 Bed/3 Bath
- Easy Freeway Access
- Eligible for Section 8 Housing
Executive Summary
11503 S New Hampshire Avenue is a 10-unit multi-family property ideally located in the Athens neighborhood of Los Angeles. The total 12,558 SF property consists of three separate buildings on one 8,454 SF lot. Unit mix consists of (2) one bed/one bath units, (2) two bed/one bath units and (6) three bed/three bath units. All units are planned for Section 8 tenants. The New Hampshire Avenue property is less than a 10 minute walk from the Vermont/Athens Metro Stop. Located just southwest of Imperial Hwy & Vermont Avenue, there are abundant retail and restaurant amenities nearby. Tenants can easily access the 105 & 110 Freeway, connecting to the world famous California beaches, downtown Los Angeles and greater Los Angeles. Los Angeles Southwest College is located less than one mile away.
Property Facts
| Price | $7,522,240 CAD | Building Class | B |
| Price Per Unit | $752,224 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 15,216 SF |
| No. Units | 10 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R3 - Residential | ||
| Price | $7,522,240 CAD |
| Price Per Unit | $752,224 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 15,216 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Refrigerator
- Stainless Steel Appliances
Site Amenities
- Gas Range
- Bicycle Storage
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6079-020-047 | Improvements Assessment | $1,272,900 CAD |
| Land Assessment | $875,668 CAD | Total Assessment | $2,148,568 CAD |
Property Taxes
Parcel Number
6079-020-047
Land Assessment
$875,668 CAD
Improvements Assessment
$1,272,900 CAD
Total Assessment
$2,148,568 CAD
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Vacant New Multifamily Construction | 11503 New Hampshire Ave
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