$2,995,000

1631 S New Hampshire Avenue, Los Angeles, CA 90006

19 beds |
18 baths |
7,860 sqft

Multi-Family Home
Built in 2024
6,551sqft lot
8 car garage
$381/sqft
Listed 3 days ago

Property Description

Presenting 1629 S. New Hampshire Ave, a 2024 constructed, five-unit multifamily income property. This modern, well-maintained building is an exceptional opportunity for investors, with all five units fully occupied, generating $237,660 in yearly income and offering a strong 6.10% pro-forma cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all five 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. Can be purchased together with 1731 S. New Hampshire Ave. (4 units).

Listing Status:: Active
Date Added:: November 6, 2025 at 06:00AM
Listing Office:: Power Brokers : 424-738-5900
Listing Agent:: Michael Fitzgerald : 310-793-6136
MLS ID:: 25615449

Appliances: DishwasherMicrowaveRefrigeratorDryerWasher
A/C: Central Air
Heating: Central

General: None
Pool: None
Parking: Parking spaces: 8

General: 3Raised

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD1.55075018026

Source: CRMLS_CL

This listing courtesy of Michael Fitzgerald, Power Brokers

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Camino Nuevo Elementary School #3

, Los Angeles, CA, 90006

Grades KG-5

0.22 miles away

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.41 miles away

West Adams Preparatory High School

1500 W Washington Blvd, Los Angeles, CA, 90007

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.