1807 South New Hampshire Avenue

Los Angeles, CA 90006

$2,590,000
Last Sold Price
16
Beds
16
Baths
7,649 Sq. Ft.
$339 / Sq. Ft.
7,649
Sq. Ft.
$339
per Sq. Ft.

Description

We are pleased to present a four (4) unit apartment building located at 1807 S New Hampshire Avenue in Los Angeles, California. The subject property is located in a good Pico Union location north of W Washington Boulevard and west of Vermont Avenue. Built in 2021, this property contains a truly incredible unit mix of four (4) four-bedroom / four-bathroom units. This offering was beautifully designed with two (2) duplexes going up three (3) stories on a 6,548 SF lot with low-maintenance landscaping....We are pleased to present a four (4) unit apartment building located at 1807 S New Hampshire Avenue in Los Angeles, California. The subject property is located in a good Pico Union location north of W Washington Boulevard and west of Vermont Avenue. Built in 2021, this property contains a truly incredible unit mix of four (4) four-bedroom / four-bathroom units. This offering was beautifully designed with two (2) duplexes going up three (3) stories on a 6,548 SF lot with low-maintenance landscaping. The property is gated & secure with garage parking, and on-site surface parking available. Each unit is large at an average of 1,912 SF, and each unit has a 2-car tandem garage. Tenants will appreciate being only a mile and a half away from the University of Southern California (USC). The property is nestled between prime Koreatown and West Adams, both seeing an influx of new development and demand for the overall submarket. This allows the residents dominant access to incredible retail, restaurant, and entertainment amenities all located within close proximity to the campus. Situated in a good Pico Union location, this offering presents an excellent opportunity for any investor to capitalize on a new construction asset that is free from rent control in a core market of Los Angeles adjacent to Koreatown, West Adams, and USC.
  1. Listed by Jason Tuvia • DRE #01772495 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1807 South New Hampshire Avenue

Zoning
LARD1.5
Parcel Number
5075019009
Total Units
4.0
Living Area
7649
Source Living Area
Builder
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
6548

Location

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495

Sold By ARTA Financial Services, Dean Harizavi, DRE #01350281

Add your commute
LISTING UPDATED: 10/10/2023 01:12 PM

Property Details for 1807 South New Hampshire Avenue

StatusSold
MLS #23-285805
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.15 AC / 6,548 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495

Sold By ARTA Financial Services, Dean Harizavi, DRE #01350281

Add your commute

Building Information for 1807 South New Hampshire Avenue

Stories3Residences-Year Built2021Building Size-Lot Size0.15 AC / 6,548 SF

Payment Calculator

$14,909 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,135

Property Taxes

$774

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1807 South New Hampshire Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Market
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Gated
  • Property Condition: New Construction
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Submit
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $185,076
  • Net Operating Income: $147,391.00
  • Gross Income: $190,800
  • Cap Rate: 5.68%
  • Gross Rent Multiplier: $13.60
  • Financial Info as Of: 08/08/2023
  • Vacancy Allow Dollar: $5,724.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 37685
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1503
  • Lot Size Square Feet: 6548
  • Lot Features: Landscaped
  • Lot Description: Landscaped, Single Lot
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Tandem, Garage - 2 Car, Gated, Garage, Uncovered
  • Total Parking: 10
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 8
  • Parking Features: Tandem Garage, Garage - Two Door, Gated, Garage, Uncovered
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Balcony
  • New Construction: Yes
  • Other Structural Features: Balcony, Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-29-2023
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $3,750.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $3,750.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $979,038.00
  • Assessed Land Percent: 100
  • Assessed Total Value: $979,038.00

Property History for 1807 South New Hampshire Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1807 South New Hampshire Avenue

Taxable ValueLand$596,700Additions$147,900Total$744,600
Tax Record2023$9,286 ($774 / month)
Home Facts
Total Finished SqFt1,604 SqFtAbove Grade Finished SqFt1,604 SqFtLot Size6,548 SqFtStyleDuplexYear Built1902ZoningLARD1.5CountyLOS ANGELESAPN5075-019-009

Schools near 1807 South New Hampshire Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Camino Nuevo Elementary No. 3
CharterK to 8

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.