1629 S New Hampshire Avenue, Los Angeles, CA 90006
Local realty services provided by:ERA North Orange County Real Estate
1629 S New Hampshire Avenue,Los Angeles, CA 90006
$2,895,000
- 19 Beds
- 18 Baths
- 7,860 sq. ft.
- Multi-family
- Active
Listed by: michael fitzgerald
Office: rise realty866-344-7473
MLS#:26661731
Source:CRMLS
Price summary
- Price:$2,895,000
- Price per sq. ft.:$368.32
About this home
Presenting 1629 S. New Hampshire Ave, a newly constructed 5-unit multifamily asset completed in 2024, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, with applications under review, offering investors an immediate lease-up opportunity.Once fully leased, the property is projected to generate pro forma gross income of approximately $232,200 annually and $19,350 monthly, reflecting a pro forma 6.1% cap rate.The building features five thoughtfully designed residences with modern open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each unit includes modern appliances, high-end interior finishes, and functional floor plans designed to appeal to today's renters. Select units also feature sweeping views of the Downtown Los Angeles skyline, further enhancing tenant demand.Built in 2024, the property benefits from new construction quality, helping minimize maintenance costs and improve long-term operational efficiency. The building also includes fully paid-off solar panels, reducing operating expenses while improving energy efficiency.Strategically located near Downtown Los Angeles, the property offers convenient access to major freeways including the 10, 110, and 101, providing easy connectivity to major employment hubs throughout the city. Residents also enjoy close proximity to Koreatown, USC, and DTLA, with access to premier dining, entertainment, and cultural attractions including Crypto.com Arena and the Los Angeles Convention Center.With 2024 construction, pro forma income upside, skyline views, and a central Los Angeles location, 1629 S. New Hampshire Ave represents a compelling multifamily investment opportunity in one of Los Angeles' most active rental markets.The property may also be purchased together with the neighboring asset at 1731 S. New Hampshire Ave (4 units), offering investors the opportunity to acquire a rare nine-unit portfolio in the same location....
Contact an agent
Home facts
- Year built:2024
- Listing ID #:26661731
- Added:53 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:19
- Total bathrooms:18
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:7,860 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:7,860 sq. ft.
- Lot area:0.15 Acres
- Foundation Description:Raised
Finances and disclosures
- Price:$2,895,000
- Price per sq. ft.:$368.32
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:8
New listings near 1629 S New Hampshire Avenue
- New
$3,995,000Active4 beds 4 baths3,409 sq. ft.2601 Outpost Drive, Los Angeles, CA 90068
MLS# 26828633Listed by: THE BEVERLY HILLS ESTATES - New
$300,000Active0.14 Acres3150 Johnston Street, Los Angeles, CA 90031
MLS# CV26092117Listed by: HERMAN LEE, BROKER - New
$300,000Active0.14 Acres3144 Johnston Street, Los Angeles, CA 90031
MLS# CV26092125Listed by: HERMAN LEE, BROKER - New
$1,550,000Active12 beds 5 baths4,062 sq. ft.6927 Remmet, Canoga Park, CA 91303
MLS# SR26093202Listed by: ENABL REALTY - New
$1,865,000Active5 beds 4 baths3,368 sq. ft.4261 Palmero Boulevard, Los Angeles, CA 90008
MLS# 26828715Listed by: PACIFIC PLAYA REALTY - New
$3,200,000Active4 beds 5 baths4,752 sq. ft.20321 W Aberdeen, Porter Ranch, CA 91326
MLS# DW26095723Listed by: BRENDA CANO, BROKER - New
$700,000Active6 beds 4 baths2,607 sq. ft.1006 S Concord, Los Angeles, CA 90023
MLS# TR26093858Listed by: EXP REALTY OF CALIFORNIA INC - Coming Soon
$695,000Coming Soon-- beds -- baths1328 S Record, Los Angeles, CA 90023
MLS# PF26095820Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$499,000Active0.12 Acres1766 Silverwood Ter, Los Angeles, CA 90026
MLS# 26816679Listed by: CORE REALTY, INC. - New
$633,000Active2 beds 2 baths1,495 sq. ft.18324 Clark Street #120, Tarzana, CA 91356
MLS# SR26095715Listed by: HOMESMART EVERGREEN REALTY