$1,450,000
$3,380,000
57.1%For more information regarding the value of a property, please contact us for a free consultation.
1233 N New Hampshire AVE Los Angeles, CA 90029
9,931 Sqft Lot
Key Details
Sold Price $1,450,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS26035202
Sold Date 07/02/26
HOA Y/N No
Year Built 1958
Lot Size 9,931 Sqft
Property Sub-Type Apartment
Property 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.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Rooms
Other Rooms Storage
Interior
Interior Features Balcony, Ceiling Fan(s), Laminate Counters, Storage, Tandem, All Bedrooms Down
Heating Natural Gas, Wall Furnace
Cooling Electric
Fireplace No
Appliance Gas Oven, Gas Range, Refrigerator
Laundry Common Area
Exterior
Garage Spaces 24.0
Garage Description 24.0
Fence Block, Fair Condition, Wrought Iron
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Roof Type Flat,Mixed,Tar/Gravel
Total Parking Spaces 24
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Additional Building Storage
New Construction No
Others
Senior Community No
Tax ID 5540015007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Edward Chen Real Brokerage Technologies
Nearby Locations
GET MORE INFORMATION


