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1629 S New Hampshire Avenue
Los Angeles, CA 90006
Residential Multi Family (Apartment)
0.15 Acres
7861 Sqft Living Area
19 Bedrooms
18 Bathrooms (18 Full, 0 Half)
Year Built: 2024
$3,249,000
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Property Description
The 5+Unit Specialists are pleased to present 1629 S New Hampshire, a 2024 construction, FULLY rented 5-unit located just minutes from the USC campus and Exposition Park! This is one of the best priced BRAND-NEW CONSTRUCTION 5-UNITS IN ALL OF LA. With a stabilized 5.33% cap rate, this one-of-a-kind opportunity will not last long! The property is made up of two enormous 5-bedroom units and three 3-bedroom units with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, all units rented extremely fast to A+ tenants. With $19,395 in monthly gross rent, ease of management this will be a high cash flow property for years to come! The building boasts tons of balconies, 8 garage parking spots accessed by a convenient back alley, luxury finishes, and large floorplans, these units ARE the #1 choice for high paying USC students, recent graduates and more! Every box is checked! 1629 S New Hampshire is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the Natural History Museum, Dr. Theodore T. Alexander Jr. Charter School. Plus, it’s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Plus enjoy separate meters for all utilities and a 1-year builder’s warranty!
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Contact Details
Name: Elizabeth Maddox
Email: elizabeth@myunits.com
MLS Listing Id: BB24139414
Agent Phone: (818) 850-8485
List Agent License: 01921425
Office Name: Myunits.com Inc.
Office Phone: (818) 859-7242
Office MLS Id: BH5345657
Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
