747 S New Hampshire Avenue, Los Angeles, CA 90005
Local realty services provided by:ERA Carlile Realty Group
747 S New Hampshire Avenue,Los Angeles, CA 90005
$3,200,000
- - Beds
- 24 Baths
- 14,188 sq. ft.
- Multi-family
- Active
Listed by: demis dokhanian
Office: jnm realty, inc.310-746-5923
MLS#:26993065
Source:CRMLS
Price summary
- Price:$3,200,000
- Price per sq. ft.:$225.54
About this home
747 S New Hampshire Ave is a twenty-four (24) unit apartment property consisting entirely of spacious Studio units averaging approximately 550 square feet. The property is located in the heart of Koreatown, less than 0.5 miles and a 10-minute walk from the Wilshire/Vermont Metro Station. During the current owner's 10+ year tenure, the property has been well maintained and improved. Renovated units feature copper plumbing, upgraded electrical, stainless steel appliances, new flooring, and updated kitchens. The property was re-stuccoed in 2013, all windows were replaced in 2018, and over $30,000 was spent on roof upgrades and maintenance in 2026.The investment offers an astounding 7.12% going-in cap rate and a low $133k/unit entry price point with 46.35% upside potential in the twelve (12) non-renovated units. With the proper financing, an investor can achieve a 9.20% cash-on-cash return with potential upside to an 8.71% cap rate and 13.73% cash-on-cash return. JNM Realty manages 3,500 units across Los Angeles and Orange County and is available to manage the property for an investor....
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Home facts
- Year built:1921
- Listing ID #:26993065
- Added:7 day(s) ago
- Updated:October 06, 2026 at 11:19 AM
Rooms and interior
- Total bathrooms:24
- Living area:14,188 sq. ft.
Structure and exterior
- Year built:1921
- Building area:14,188 sq. ft.
- Lot area:0.26 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,200,000
- Price per sq. ft.:$225.54
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