Real Brokerage Technologies
Listed by Real Brokerage Technologies
$3,380,000
1233 N New Hampshire Avenue
Details
APN 5540015007
Property Type Multifamily
Sub Type Apartment Building
Units 16
Buildings 1
Stories 2
Acreage 0.228
Zoning Assessor
Multifamily | 16 Units
Marketing 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 citys 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 Childrens 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.
Listing Contacts
Real Brokerage Technologies
Listed by Real Brokerage Technologies
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