1211 N New Hampshire Ave
LOS ANGELES, CA 90029

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 16
Area: 12504 sq ft
Lot Size: 0.3 Acres

Financials

Price:$3,025,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

1211 N New Hampshire Ave 10BR La

Description

We are pleased to present an apartment building consisting of sixteen (16) units located at 1211 N New Hampshire Ave in Los Angeles, California. The subject property is located in a great East Hollywood location, just north of Santa Monica Blvd and west of Vermont Ave. Located in a prime East Hollywood location adjacent to Silver Lake, this courtyard property has 2 APNs and offers a desirable mix of six studios and 10 one-bedroom units. Three units at 1211 N New Hampshire Ave will be delivered vacant, providing immediate value-add potential, while existing rents offer approximately 25% upside. The properties feature on-site parking with potential for multiple ADU conversions, on-site laundry, and does not require a soft-story retrofit. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail, entertainment, healthcare, and Los Angeles City College, placing everyday amenities and nearby popular destinations easily within reach across central Los Angeles. This offering presents a compelling value-add opportunity through three delivered-vacant units, approximately 25% rental upside, and significant ADU conversion potential in a highly desirable East Hollywood location. *****PLEASE NOTE: This property is being sold with 1212 N New Hampshire Ave, APN: 5540-018-017. These can be purchased as a portfolio or separately.

CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.