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For sale
  • Price cut: $200K (6/26)
    $2,995,000

    1629 S New Hampshire Ave, Los Angeles, CA 90006

    19beds
    18baths
    6,708sqft
    : 
    Multi Family
    Built in 2024
    -- sqft lot
    $2,922,300 Zestimate®
    $446/sqft
    $-- HOA

    What's special

    Ideal living spaceOpen-concept layoutsHigh-end finishesModern appliancesSpacious bedrooms
    Presenting 1629 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, five-unit multifamily property built in 2024. This modern, well-maintained building is an exceptional opportunity for investors, with all five units fully occupied, generating $240,660 in yearly income and offering a strong 6.04% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all five units. Designed with style and comfort in mind, the units cater to today's renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels.Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA's bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center and Crypto Arena are all just a short drive away.With its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles. Can be purchased together with 1731 S. New Hampshire Ave. (4 units).
    162 days
    on Zillow
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    101
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 02:56am

    Listed by:

    Michael Fitzgerald DRE # 02016898 310-793-6136,

    Power Brokers 424-738-5900

    Source: CLAW,MLS#: 25502137MLS Logo
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 18
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    • Laundry: In Unit
    Interior area
    • Total structure area: 6,708
    • Total interior livable area: 6,708 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached
    • Attached garage spaces: 8
    Features
    • Levels: Multi/Split,Three Or More
    • Stories: 3
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,551.42 Square Feet
    • Dimensions: 50 x 131
    Details
    • Additional structures: None
    • Parcel number: 5075018026
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Raised
    Condition
    • Year built: 2024

    Utilities & green energy

    Green energy
    • Energy generation: Solar

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $446/sqft
    • Tax assessed value: $972,773
    • Annual tax amount: $11,980
    • Date on market: 2/25/2025
    • Tenant pays: Cable TV, Electricity, Gas, Water, Trash Collection
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