1629 S New Hampshire Ave, Los Angeles, CA 90006
1629 S New Hampshire Ave, Los Angeles, CA 90006
1629 S New Hampshire Ave, Los Angeles, CA 90006
1629 S New Hampshire Ave, Los Angeles, CA 90006
1629 S New Hampshire Ave, Los Angeles, CA 90006
1629 S New Hampshire Ave, Los Angeles, CA 90006
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Chakits Krulsawat

Chakits Krulsawat

+1(702) 319-1092
$ 2,895,000
Est. payment | /mo

19 Beds

18 Baths

7,860 SqFt

Save
$ 2,895,000
Est. payment | /mo
Save

19 Beds

18 Baths

7,860 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,860 sqft

Price per Sqft $368

MLS Listing ID 26661731

Bedrooms 19

Year Built 2024

Lot Size 6,551 Sqft

Acres 0.1504

Property Sub-Type Multi-Family

Property Description

Presenting 1629 S. New Hampshire Ave, a newly constructed 5-unit multifamily asset completed in 2024, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, with applications under review, offering investors an immediate lease-up opportunity.Once fully leased, the property is projected to generate pro forma gross income of approximately $232,200 annually and $19,350 monthly, reflecting a pro forma 6.1% cap rate.The building features five thoughtfully designed residences with modern open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each unit includes modern appliances, high-end interior finishes, and functional floor plans designed to appeal to today's renters. Select units also feature sweeping views of the Downtown Los Angeles skyline, further enhancing tenant demand.Built in 2024, the property benefits from new construction quality, helping minimize maintenance costs and improve long-term operational efficiency. The building also includes fully paid-off solar panels, reducing operating expenses while improving energy efficiency.Strategically located near Downtown Los Angeles, the property offers convenient access to major freeways including the 10, 110, and 101, providing easy connectivity to major employment hubs throughout the city. Residents also enjoy close proximity to Koreatown, USC, and DTLA, with access to premier dining, entertainment, and cultural attractions including Crypto.com Arena and the Los Angeles Convention Center.With 2024 construction, pro forma income upside, skyline views, and a central Los Angeles location, 1629 S. New Hampshire Ave represents a compelling multifamily investment opportunity in one of Los Angeles' most active rental markets.The property may also be purchased together with the neighboring asset at 1731 S. New Hampshire Ave (4 units), offering investors the opportunity to acquire a rare nine-unit portfolio in the same location.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Attached

Garage Spaces 8.0

Pool None

Building

Story 3

Foundation Raised

Level or Stories Multi/Split, Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Rise Realty

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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1629 S New Hampshire Ave