We are pleased to present for sale the New Hampshire Villas, a 12-unit apartment complex located at 1145 S New Hampshire Avenue in Los Angeles, California. Situated in the lively Pico-Union, this asset offers investors a near turnkey opportunity with strong rental upside potential.Originally built in 1929 and remodeled in 2018, the property is situated on a 5,399-square-foot lot with 6,710 square feet of rentable area. The unit mix includes eight studio/one-bath units and four one-bedroom/one-bath units, all featuring high-end finishes, stainless steel appliances, and modern interiors. The property has been thoughtfully maintained by current ownership and is complete with updated flooring, tiles, countertops, and a new roof that was installed in 2017. With a Walk Score of 94, tenants enjoy unparalleled access to restaurants, bars, shopping, and public transit options, making it a highly desirable location for renters seeking convenience and lifestyle appeal. The property is individually metered for gas and electricity, with separate water heaters for each unit, ensuring efficient operational management. This offering presents a rare chance to acquire a stabilized, well-maintained asset with the opportunity to increase income over time in one of Los Angeles' most sought-after rental submarkets.
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DAYS ON MARKET
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68
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LAST UPDATED
|
2/10/2025
|
|
YEAR BUILT
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1929
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COMMUNITY
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Mid-Wilshire
|
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COUNTY
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Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
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| AREA |
Mid-Wilshire |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| LOT |
5469 sq ft |
| LOT DIMENSIONS |
40x135 |
| PARKING |
None |
| STORIES |
2 |
| ZONING |
LAR4 |
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Listed with Marcus & Millichap
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/25 6:08 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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