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).
For sale
Price cut: $200K (6/26)
$2,995,000
1629 S New Hampshire Ave, Los Angeles, CA 90006
19beds
18baths
6,708sqft
Est.:
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
- 162 days
- on Zillow |
- 101 |
- 3 |
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#: 25502137

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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