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1731 S New Hampshire Ave
Los Angeles, CA 90006
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Cheapest New Construction 4-Unit Currently on the Market! Offered at just $2,390,000
- High-Quality 2023 Construction spanning 5,935 square feet across two modern buildings with large, open floorplans and contemporary finishes throughout
- Separately Metered for ALL Utilities — gas, electric and water — helping keep landlord-paid expenses exceptionally low and maximizing operating effici
- Strong 6.06% Cap Rate + Fully Leased! All four units are already occupied at market rents, providing immediate, stabilized cash flow from day one
- Excellent Oversized Units featuring all 4-bedroom units averaging nearly 1,500 square feet
- 8 On-Site Parking Spaces including 6 carport spaces plus 2 exterior spaces — an excellent parking ratio for just four units.
Executive Summary
The 2-4 Unit Specialists are pleased to present 1731 S New Hampshire Ave, an exceptional opportunity to acquire the lowest-priced new construction 4-unit currently on the market! Offered at just $2,390,000 and delivering a strong 6.06% cap rate, New Hampshire offers investors the rare combination of newer construction, immediate cash flow, and an incredibly attractive entry price. The property is already 100% leased at market rents, providing stabilized income from day one. Built in 2023, the property spans an impressive 5,935 square feet across two modern buildings and features an excellent all oversized 4-bedroom residences. With units averaging nearly 1,500 square feet, each residence features large open floorplans, sleek contemporary kitchens and bathrooms, central HVAC, in-unit washers and dryers, private balconies, and modern finishes throughout. All utilities are separately metered, including gas, electric, and water, helping keep landlord-paid expenses exceptionally low and making the property an efficient, low-maintenance investment. Eight on-site parking spaces — six carport spaces plus two exterior spaces — provide an excellent 2:1 parking ratio for the property’s large units. Ideally located in Pico-Union just minutes from USC, Koreatown, and Downtown Los Angeles, residents enjoy convenient access to some of the city’s largest employment, education, dining, and entertainment hubs. At just $597,500 per unit, 1731 S New Hampshire presents a rare opportunity to acquire a fully stabilized, high-quality 2023 construction asset at an incredibly competitive price point
Property Facts
| Price Per Unit | $824,771 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.06% | Building Size | 5,935 SF |
| Gross Rent Multiplier | 12.81 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| Price Per Unit | $824,771 CAD |
| Sale Type | Investment |
| Cap Rate | 6.06% |
| Gross Rent Multiplier | 12.81 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 5,935 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 2/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Washer/Dryer
Site Amenities
- Fenced Lot
- Tenant Controlled HVAC
- Public Transportation
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 2 | $5,377 CAD | 1,439 - 1,441 |
| 4+4.5 | 2 | $5,107 CAD | 1,526 - 1,529 |
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