36 views

1186 N New Hampshire Ave

1186 N New Hampshire Ave, Los Angeles, CA 90029
Available Now
36 views
FOR SALEMultifamily / Apartments Building
Cap Rate
4.88%
NOI
$95,056
Building Size
5,584SF
Parking Info
1/1000 SF
APN
5540-019-001
Lot Size
0.17Ac
Listing Contacts
Senior Vice President
View OM

More property details

Year Built
1940
Zoning
LARD1.5
Occupancy
100%
Currently Leased
No
Sale Type
Investment Sale
Property Class
C
No of Buildings
1
No of Stories
2
Units
6

Features & amenities

Location Amenities
Public Transportation
Metro/Subway
Airport
Commuter Rail

Location

Loading map…
1186 N New Hampshire Ave
About the location

Property Overview:
1186 N New Hampshire is a 6-unit + 1 non-conforming apartment building consisting of (1) two-bedroom, one-bath and (5) one-bedroom, one-bath units. Each unit enjoys a spacious layout with separate dining area, large living area, and enjoys plenty of natural light through the newly upgraded windows across the entire building. Hardwood floors carry throughout. Three of the six units have recently upgraded kitchens that include granite countertops, stainless steel appliances, new gas lines, electrical, and lighting; new bathrooms include updated copper piping, electrical, lighting, and finished materials. The property also holds six garages that have newly installed drywall and new garage doors. The corner lot also allows for plenty of street parking.
Location Highlights:
The property is ideally located in a vibrant part of Hollywood where there is great walkability to shops and entertainment in the surrounding neighborhood. Conveniently nestled between the Vermont/Sunset and Vermont/Santa Monica Metro station, it is a short walk to Los Angeles City College, Hollywood Presbyterian, Children's Hospital LA, Kaiser Permanente LA, Barnsdall Art Park, and the Hollyhock House.

Location highlights
  • Concentrated growth will see a noticeable increase in local residents and retail demand within a short walk
  • Property sits on a corner lot on N New Hampshire and Lexington Avenues (Great Exposure)
  • All 6 garages have been updated
  • The property offers excellent access to major highways, public transportation (2 blocks away from Vermont/Sunset & Vermont/Santa Monica stations)
  • 3 fully remodeled units with copper plumbing, updated electrical, redone kitchens and bathrooms

Documents

FILE
1186 N New Hampshire Ave OM.pdf
3.39 MB · Listing document
1186 N New Hampshire Ave
5,584 SF · multifamily · United States · CA
View OM