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Turnkey Duplex - 1409 S New Hampshire 1409 S New Hampshire Ave 2 Unit Apartment Building $1,656,760 CAD ($828,380 CAD/Unit) Los Angeles, CA 90006



Investment Highlights
- Newly Renovated
- High Demand Central LA Location
- High Income Rental Property
Executive Summary
Centrally located near the southwest corner of Vermont Ave & Pico Blvd, this turn-key, ready-to-go duplex presents a prime real estate opportunity for investors seeking passive income in one of Los Angeles’ most well-connected neighborhoods. Just minutes to Downtown LA, USC Campus, and Koreatown with easy access to major routes, public transit, dining, and retail, the property will be delivered fully vacant—allowing the new owner to start strong by placing tenants at current market rents immediately.
Front unit (3BR/2BA) features an open floor plan, hardwood flooring, spacious living area, modern kitchen with matching stainless-steel appliances, granite countertops, dual sinks, contemporary cabinetry, and a breakfast bar, plus updated baths and a dedicated laundry room with backyard access. Rear unit (1BR/1BA + den) offers laminate wood flooring, a kitchen with quartz countertops and dual sinks, and a flexible den for office/guest/entertaining. A paved driveway and concrete backyard provide parking for multiple vehicles, with rear alley access for added convenience—an ideal, low-hassle investment opportunity in a high-demand central LA location.
Front unit (3BR/2BA) features an open floor plan, hardwood flooring, spacious living area, modern kitchen with matching stainless-steel appliances, granite countertops, dual sinks, contemporary cabinetry, and a breakfast bar, plus updated baths and a dedicated laundry room with backyard access. Rear unit (1BR/1BA + den) offers laminate wood flooring, a kitchen with quartz countertops and dual sinks, and a flexible den for office/guest/entertaining. A paved driveway and concrete backyard provide parking for multiple vehicles, with rear alley access for added convenience—an ideal, low-hassle investment opportunity in a high-demand central LA location.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,656,760 CAD | Building Class | C |
| Price Per Unit | $828,380 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 1,981 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1905 |
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 - Residential Dual-Dwelling, 1,500 sq ft | ||
| Price | $1,656,760 CAD |
| Price Per Unit | $828,380 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 1,981 SF |
| No. Stories | 1 |
| Year Built | 1905 |
| Zoning | LARD1.5 - Residential Dual-Dwelling, 1,500 sq ft |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Quartz Countertops
Site Amenities
- Fenced Lot
- Gated
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5075-003-021 | Improvements Assessment | $335,724 CAD (2025) |
| Land Assessment | $959,219 CAD (2025) | Total Assessment | $1,294,944 CAD (2025) |
Property Taxes
Parcel Number
5075-003-021
Land Assessment
$959,219 CAD (2025)
Improvements Assessment
$335,724 CAD (2025)
Total Assessment
$1,294,944 CAD (2025)
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Presented by
B & B Investment Properties
Turnkey Duplex - 1409 S New Hampshire | 1409 S New Hampshire Ave
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