1731 S New Hampshire Avenue, Los Angeles, CA 90006
- $2,390,000
- List Price
- $2,390,000
- Status
- ACTIVE
- MLS#
- BB26206908
- Year Built
- 2023
- Lot Size
- 6,549
- Acres
- 0.15
- Lot Location
- Landscaped, Level, Street Level
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Modern
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
1731 S New Hampshire Ave is 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.
Additional Information
- Appliances
- Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Open Floorplan, Recessed Lighting
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $186,528
- Operating Expense
- 36139
Listing courtesy of Listing Agent: Cheyenne Womack (cheyenne@myunits.com) from Listing Office: Myunits.com Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.