First time on the market in over 40 years! This well-maintained 12 unit building, built in 1922, is located adjacent to Koreatown- one of Los Angeles' most dynamic and high demand rental markets. This property features 10 studios and 2 one-bedroom, one-bath units. Owner pays water and gas, making this a highly attractive option for tenants. Additional amenities include common area laundry with washer and dryer, and on-site parking for up to 12 vehicles - a rare find in the area. This charming, character-rich property offers income. An ideal opportunity for investors seeking stable cash flow and long-term upside in a prime location.
Pending
Listing Provided by:
Carlos Alfaro DRE #02154680 818-505-4036,
Century 21 Masters
$1,400,000
247 N New Hampshire Ave, Los Angeles, CA 90004
2beds
12baths
7,736sqft
Est.:
Mixed Use
Built in 1922
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Common area laundry
- 20 days
- on Zillow |
- 14 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 10:39am
Listing Provided by:
Carlos Alfaro DRE #02154680 818-505-4036,
Century 21 Masters
Source: CRMLS,MLS#: SR25146331
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 12
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,736
- Total interior livable area: 7,736 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Entry location: First door
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,544 Square Feet
- Features: Front Yard, Near Public Transit
Details
- Parcel number: 5518026022
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Stucco
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $181/sqft
- Date on market: 6/30/2025
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Gas, Water
- Road surface type: Paved
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