311 S New Hampshire AVE Active

Los Angeles,CA 90020

$ 4250000

24 Beds

24 Baths

11792 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,792 sqft

Price per Sqft $360

MLS Listing ID 24468817

Bedrooms 24

HOA Y/N No

Year Built 1989

Lot Size 9,016 Sqft

Property Description

311 South New Hampshire Avenue is an attractive 16-unit apartment community in Koreatown. 311 South New Hampshire was built in 1989 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists of eight (8) Two Bedroom / 2 Bathroom units and eight (8) One Bedroom / One Bathroom units 16 spacious units. Current ownership has proven a concept for future ownership by executing tasteful remodels of five units (Units 201, 202, 204, 205, and 208). Unit upgrades include new modern flooring, updated bathrooms/kitchens with new appliances and countertops, and sleek fixtures throughout. 311 South New Hampshire Avenue boasts ample onsite parking, with 22 spaces in total. The property is not on the LA City mandatory seismic retrofit list. Located in Koreatown, 311 S New Hampshire Avenue is a short distance from the City's primary employers in Downtown Los Angeles and Hollywood and has world-class access to public transportation. 311 South New Hampshire Avenue has a Walk Score of 95 out of 100. This location is a Walker's Paradise, and daily errands do not require a car.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAC2

Interior

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 22

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5502007014

Special Listing Condition Standard

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