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    221 N New Hampshire Ave

    Los Angeles, CA 90004
    • $2,695,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 20-626616
    UPDATED: 43 min ago
    $2,695,000
    • 17
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,763
      SQFT
    • $308
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    221 N. New Hampshire Avenue is a 9-unit multifamily investment property centrally located in the heart of Los Angeles. The Property is ideally situated between 3rd and Beverly Boulevards, just West of Vermont. The property is located on a beautiful palm tree lined street, walking distance to the Beverly/Vermont Metro stop as well as several dining and shopping destinations. Built in 1986, 221 N. Hampshire boast an excellent unit mix, with 8 of the 9 units being 2 bedrooms, ranging in size from 810 to 980 square feet. The property has 11 parking spaces, most units in the building have balconies and all have Central A/C and heat. 221 N. New Hampshire Avenue offers investors the opportunity to implement a comprehensive value-add program focused on enhancing the property exterior and unit interiors to reach the potential of nearly 100% upside above current rents.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T06:42:38.903. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109581298
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    221 N New Hampshire Ave Los Angeles, CA 90004

    • Price: $2,695,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 20-626616
    17
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    8,763
    SQFT
    $308
    $/SQFT
    1986
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    221 N. New Hampshire Avenue is a 9-unit multifamily investment property centrally located in the heart of Los Angeles. The Property is ideally situated between 3rd and Beverly Boulevards, just West of Vermont. The property is located on a beautiful palm tree lined street, walking distance to the Beverly/Vermont Metro stop as well as several dining and shopping destinations. Built in 1986, 221 N. Hampshire boast an excellent unit mix, with 8 of the 9 units being 2 bedrooms, ranging in size from 810 to 980 square feet. The property has 11 parking spaces, most units in the building have balconies and all have Central A/C and heat. 221 N. New Hampshire Avenue offers investors the opportunity to implement a comprehensive value-add program focused on enhancing the property exterior and unit interiors to reach the potential of nearly 100% upside above current rents.
    Exterior Features

    Direction Faces East Levels Three Or More Lot Size Area 7503 Other Structures None Parking Garage Controlled Entrance Style Contemporary Total Parking 0 View Description City Lights View YN Yes Water Frontage None

    Interior Features

    Baths Total 17.00 Common Walls Attached Cooling CentralAir Conditioning Equipment Hood FanGarbage DisposalCeiling Fan Heating Central Laundry Laundry Area Laundry Equipment Lease

    Property Features

    Assessed Total Value 1280937 Gross Income 170988 Gross Operating Income 165858 Like Units1 1 Like Units2 4 Like Units3 2 Like Units4 2 Net Operating Income 112879.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Security Features Automatic GateSmoke DetectorCarbon Monoxide Detector(S) Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 52979 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Dana Brody DRE#01429001 of Dana Brody.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T06:42:38.903. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377