1233 N New Hampshire Avenue, Los Angeles, California 90029
- $3,380,000
- $3,380,000
Overview
- Apartment, Residential Income
- 24.0
- 10012 Sqft
- 1958
Description
Positioned in the heart of East Hollywood, 1233 N New Hampshire Ave, Los Angeles presents a rare 16 unit value add investment opportunity in one of the city’s most dynamic and sought after multifamily submarkets. Built in 1958, the property offers a desirable unit mix of three studios (studio x 3), twelve one bedrooms (1 bed x 12), and one two bedroom (2 bed x 1), with the majority of units currently leased at below market rents, creating significant upside potential through strategic interior renovations and improved management. Amenities include 24 on site parking spaces and a convenient laundry facility, enhancing tenant appeal and long term stability. Ideally located near Fountain Avenue and just moments from Kaiser Permanente, Hollywood Presbyterian Medical Center, and Children’s Hospital Los Angeles, the property benefits from strong rental demand driven by proximity to major employment centers, public transit, and a vibrant mix of dining, shopping, and entertainment in Hollywood, Los Feliz, Silver Lake, Koreatown, and Downtown LA. This is an exceptional opportunity to acquire a well located asset with immediate income and compelling growth potential in the thriving Los Angeles rental market.
Address
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Address: 1233 N New Hampshire Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90029
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Country: US
Details
Updated on July 4, 2026 at 10:42 pm-
Property ID WS26035202
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Price $3,380,000
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Property Size 10012 Sqft
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Land Area 0.228 Acres
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Garages 24.0
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Year Built 1958
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan
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Roof Flat, Mixed, Tar/Gravel
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Utilities Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Electric
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Heating Natural Gas, Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Mortgage Calculator
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