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1211 N NEW HAMPSHIRE AVE

1211 N New Hampshire Ave, Los Angeles, CA 90029, USA
Available Now
$2,800,000
33 views
FOR SALEMultifamily / Apartments Building
Cap Rate
6.27%
NOI
$175,477
Building Size
9,640SF
APN
5540-016-016
Lot Size
12500SF
Year Built
1955
Listing Contacts
Senior Managing Director Investments
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More property details

Zoning
LAR3
Currently Leased
No
Investment
Value Add
No of Buildings
1
Units
16

About this property

Marcus & Millichap is pleased to present a sixteen-unit apartment building located at 1211 N New Hampshire Avenue in Los Angeles, California, within the desirable East Hollywood neighborhood, just north of Santa Monica Boulevard and west of Vermont Avenue. Situated near Silver Lake, this courtyard-style property comprises two APNs and features a unit mix of six studio apartments and ten one-bedroom units. Three units will be delivered vacant, offering immediate value-add opportunities, while existing rents provide approximately 25% rental upside potential. Additional property features include on-site parking, laundry facilities, and the potential for multiple accessory dwelling unit (ADU) conversions, with no soft-story retrofit required. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail centers, entertainment venues, healthcare facilities, and Los Angeles City College. With its desirable location, vacant units, rental growth potential, and opportunities for additional development, the property represents an attractive value-add investment opportunity in East Hollywood. The property is being offered for sale together with 1212 N New Hampshire Avenue (APN: 5540-018-017), with the option to acquire the properties together as a portfolio or separately.

Location & transit

1211 N NEW HAMPSHIRE AVE
Getting around

Transit/Subway

Buses

Commuter Rail

Airport

Transit data provided by Google. Times and distances are estimates.

Documents

FILE
1211-1212 N New Hampshire Ave OM.pdf
10.15 MB · Listing document
1211 N NEW HAMPSHIRE AVE
9,640 SF · multifamily · Los Angeles · CA
View OM