1243 N New Hampshire Ave, Los Angeles, CA 90029

4,077 sqft
For Sale
$1,280,000
Zestimate®: $1,194,040
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**Great opportunity for investors or developers*Sellers will deliver entire 2 buildings, 5 units in vacant by 06/03/14*this property located in very convenient location*101 Fwy off Vermont *walking distance to Kaiser Permeated Hospital/Childrens' Hospital/Scientology/Metro links/Los Angeles City College/Sunset Blvd/Los Felitz Village & restaurants/shops/markets/banks*front building is a single story house with 3 bedrooms 1 full bath*laundry hookup*this entire front house was remodeled about one & a half years ago*laminated wood floor*newer kitchen cabinets*front yard and backside deck plus 2 car parking space*front house 1685 sf. per title*back building is a two story apartment type with 4 units*each has 1 bedroom & 1 bath*total living space is 2392 sf. per title*back unit needs TLC*Sellers were trying to re-develop this two buildings into 10 brand new condos. & got TTM approved at the time applied but \rdid not continue to process*the front house was offered to lease for $2300/month*the back 4 units after TLC repair/update could be easily rent for $1000-$1200/month*This a rent control area*It is a good opportunity to stay up with the market rent or re-develop for brand new condos*Please do not step on the property until vacant* Brokered And Advertised By: Encore Realty & Financial Listing Agent: Therina Lin  MoreLess
Facts
  • Single Family
  • Built in 1907
  • 332 days on Zillow
  • Price/sqft: $314
  • MLS #: TR14084787
Features
  • Wired
    Construction
    • Structure type: Bungalow
    Other
    • Floor size: 4,077 sqft
    • Zillow Home ID: 2110915740
    Home Values
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    $1,194,040
    +$33,576 Last 30 daysd
    $848K
    $1.37M
    Zestimate range
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    $3,585/mo
    +$308 Last 30 daysd
    $2K
    $5.6K
    Zestimate range
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    Neighborhood for 1243 N New Hampshire Avenue

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    Zillow predicts Hollywood home values will increase 7.3% next year, compared to a 5.9% increase for Los Angeles as a whole. Among Hollywood homes, this home is 110.2% more expensive than the midpoint (median) home, but is priced 35.7% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Hollywood market, the number of foreclosures waiting to be sold fell 21% in the last year. The number of unsold foreclosures is 4.3% less than in Los Angeles, and 32.8% lower than the national average. This lower local number could help Hollywood home values rise more quickly than other regions in Los Angeles.

    Learn more about forecast calculations or Hollywood home values.
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      These buyers' agents specialize in this area and can assist you in seeing this home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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