1145 S NEW HAMPSHIRE Avenue, Los Angeles, CA 90006
Property · 2 recorded sales since 2016
Sold April 2018
Listing Agent: Elijah Korobkin (DRE #01897085) · Listing Office: Elijah Korobkin · Contact: 323-873-9332 · Bought with: Felix Fooks · Rodeo Realty · MLS #18306116 · Source: CRMLS
About this property
New Hampshire Villas is an immaculately maintained 12 unit apartment complex, located in the bustling Koreatown district, featuring a +/- 5.8% CAP RATE. This secure-entry building features eight Studio apartments, and four one-bedroom apartments, filled with top of the line finishes including stainless steel appliances, air conditioning units, and much more, designed for the most discerning of tenants. This character asset has been stabilized with a new roof and with 10 of the 12 units achieving near market rents. In addition, there is approx. $20,000 of annual rental upside, providing the astute investor the opportunity to capture significant rental upside & accelerated appreciation, all featured in a stabilized, turn-key asset, situated in a booming submarket. Units are individually metered for both gas and electricity and each have their own water heaters. Tenants enjoy easy access to public transportation and hip eateries.
Listing description from the April 2018 sale, as reported to CRMLS.
Sale history
