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$1,895,000
Est. payment /mo
8,428 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25163439
HOA Y/N No
Year Built 1923
Lot Size 8,428 Sqft
Property Sub-Type Apartment
Property Description
Income Opportunity at 1845 N New Hampshire Avenue, Los Angeles
Presenting a prime investment opportunity at 1845 N New Hampshire Avenue, Los Angeles, this 10-unit building offers a mix of studios and one-bedroom apartments. Currently fully rented, the property provides consistent income with long-term tenants in place, making it an ideal addition to any investment portfolio.
Key Features:
10 units, consisting of a mix of studios and one-bedroom apartments
Fully occupied, providing stable and reliable rental income
Secure entry, well-maintained common areas, and onsite laundry facilities
Spacious units with hardwood flooring, ample natural light, and functional layouts
Income Opportunity:
Fully rented with tenants in place, offering immediate cash flow
Steady rental income with long-term tenants and minimal turnover
Opportunity for continued cash flow with the potential for increased rents upon lease renewals
Development Potential:
Zoned for potential redevelopment or expansion, offering long-term value appreciation
Strong demand for rental units in the area, with opportunities for property improvements that could increase value
Attractive location with easy access to public transportation, major freeways, and desirable local amenities
Location Highlights:
Centrally located, close to shopping, dining, and entertainment options
Convenient access to major freeways and public transit
A vibrant and growing neighborhood with parks, schools, and community amenities nearby
1845 N New Hampshire Avenue is a solid income-producing property with long-term tenants already in place. With its prime location, steady cash flow, and potential for future development, it's an excellent opportunity for investors seeking reliable income and future growth.
Presenting a prime investment opportunity at 1845 N New Hampshire Avenue, Los Angeles, this 10-unit building offers a mix of studios and one-bedroom apartments. Currently fully rented, the property provides consistent income with long-term tenants in place, making it an ideal addition to any investment portfolio.
Key Features:
10 units, consisting of a mix of studios and one-bedroom apartments
Fully occupied, providing stable and reliable rental income
Secure entry, well-maintained common areas, and onsite laundry facilities
Spacious units with hardwood flooring, ample natural light, and functional layouts
Income Opportunity:
Fully rented with tenants in place, offering immediate cash flow
Steady rental income with long-term tenants and minimal turnover
Opportunity for continued cash flow with the potential for increased rents upon lease renewals
Development Potential:
Zoned for potential redevelopment or expansion, offering long-term value appreciation
Strong demand for rental units in the area, with opportunities for property improvements that could increase value
Attractive location with easy access to public transportation, major freeways, and desirable local amenities
Location Highlights:
Centrally located, close to shopping, dining, and entertainment options
Convenient access to major freeways and public transit
A vibrant and growing neighborhood with parks, schools, and community amenities nearby
1845 N New Hampshire Avenue is a solid income-producing property with long-term tenants already in place. With its prime location, steady cash flow, and potential for future development, it's an excellent opportunity for investors seeking reliable income and future growth.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5589029019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard, Trust
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Listed by Nicole Stinson Estate Realty Group, Inc. 661-816-4234