Presenting 1731 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $189,600 in yearly income and offering a strong 5.79% cap rate. The property features open-concept layouts, spacious… Read More bedrooms, and modern appliances throughout all four units. Designed with style and comfort in mind, the units cater to today's renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels. Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA's bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center, and Crypto Arena are all just a short drive away. With its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles. Read Less
Courtesy of Power Brokers 424-738-5900
Listing Snapshot
Days Online
143
Last Updated
Property Type
Other
Beds
16
Square Ft.
5,935
Lot Size
0.15 Acres
Year Built
2023
MLS Number
24-466611
30 Days Snapshot Of 90006
$883k
-12%
(avg) sold price
2
0%
homes sold
47
-46%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
Building
5,935 sq ft, Built in 2023, Levels: Two
Cooling
Central
Disclosures
Owner Has R.E. License, Owner Is Listing Agent
Exterior Features
Balcony
Floors
Laminate
Foundation
Raised
Garage
Carport Attached
Water Features
Water: Public
Heating
Central
Lot
LotAcreage: 0.1504, LotSizeArea: 6,551
Parking
TotalParking: 8
Property
NumberOfUnits: 4, Zoning: LARD1.5
Sewer
In Street
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