Call your local brokerage at 844.662.5628
For Sale:$1,898,000
$6,716/mo
Monthly Payment:
$6,716
Principal & Interest:
$6,716
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $379,600 down)
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121 N New Hampshire Ave


Los Angeles, CA 90004

Mid-Wilshire Los Angeles Unified School District
8bed 6,711sq ft $283 / sq ft MFR
Lot Size7,499sq ft Built1923 On site13days
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This is a Fantastic opportunity to own a stabilized gorgeous 8 unit building in Korea Town. The unit mix is 8 1-bedroom, 1-bath large units. They are individually metered and delightfully finished. The rents are solid, but there is some room for rent appreciation as well. Like most of Los Angeles, this unit is covered under rent control. There is great parking on the back, beautiful hardwood floors, large baseboards in each unit. Professionally managed and maintained. The location is the best. Two blocks away from the Red-Line Metro station and safely across the street from Frank Del Olmo Elementary School. The opportunity also offers potential for re-development, since it boasts a 7,499 Sq Ft R4 Lot that would allow you to build 18 units with "by right" or 25 units with density bonus. At 30% expense ratio it has an attractive ACTUAL 4.72 CAP rate and ACTUAL 14.84 GRM. Once rents are increased to market rents, the pro forma CAP Rate would be 5.86% and Pro Forma GRM 11.94.
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Last Checked For Updates: 45 minutes We update property info including price, photos, sale status and more as soon as it’s available. Here’s how we stay up-to-date. ago Status: Active Views: 13
MLS #16182786 , Listed on 11/27/16 by RONALD ESCOBAR, License# 01844635, CENTURY 21 SELECT
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MLS Listing Information for 121 N New Hampshire Ave

Exterior Features

Parking

  • 10 Parking Spaces
  • Private

Lot Size

  • 7,499 Sq. Ft.

# of Units

  • 5 or more

Additional Information

County

  • Los Angeles

Listing Broker

  • CENTURY 21 SELECT

Assessments

  • 0

Listing Agent

  • RONALD ESCOBAR
  • License# 01844635 (Lic. #01844635)

Zoning

  • LAR4

Originating MLS

  • The Combined Los Angeles/Westside Multiple Listing Service
  • Inc.

Price History for 121 N New Hampshire Ave

Date Event Price Source
11/27/16 New Listing $1,898,000 CARETS
11/28/06 Sale $800,000 Public Records
05/29/98 Sale $250,000 Public Records

Schools Information for 121 N New Hampshire Ave

From Public Records
School District: Score      
Los Angeles Unified School District
4.7
     

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Public Record Information for 121 N New Hampshire Ave

Beds 0
Full Baths 8
Partial Baths 0
Property Type Apartment house (5+ units)
Sq. Ft. 6711
Lot Size 7499
Year Built 1923
FIPS 06037
APN 5518027014
Source Public Records

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Monthly Payment**:
Principal & Interest:
HOA Dues: $0
Loan Type Rate APR
30 yr fixed 3.38% 3.45%
15 yr fixed 2.75% 2.75%
5/1 ARM 2.63% 3.13%
Updated Mar 23, 2016   Disclosures

Nearby Homes For Sale

Houses for sale near 121 N NEW HAMPSHIRE AVE
121 N New Hampshire Ave, Los Angeles, CA 90004 is a 8 bedroom property for sale. This Los Angeles, CA Multi-Family home has a lot size of 7,499 Sq. Ft. and has been on ZipRealty.com for 13 days. 121 N New Hampshire Ave was built in 1923 and is currently listed for $1,898,000.

The 121 N New Hampshire Ave Los Angeles, CA 90004 listing is provided courtesy of CENTURY 21 SELECT. Want to find more homes for sale near you? On ZipRealty.com, you can view all Los Angeles MLS listings, see property photos, find a real estate agent and more. We update our real estate listings every 2 minutes, so your MLS search results are current and complete.
Local real estate services provided by:
Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage
5161 California Ave, Ste 250
Irvine, CA 92617

844.662.5628
Website provided and owned by Coldwell Banker Residential Brokerage.
 
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121 N New Hampshire Ave Los Angeles, CA 90004 $1,898,000
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Based on information from CARETS as of Saturday, December 10, 2016 at 1:43 PM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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. IDX provided by ZapLabs.