Active

1629 S New Hampshire Avenue

Los Angeles, CA 90006
Mark as Favorite
Bed 19

Bed

Bath 0

Bath

SqFt7,860

Sqft

SqFt6,551

Sqft(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $2,895,000

AD Id : 76039947

MLS Id : 26661731

Beds : 19

Lot Size : 6,551 Sqft

Living Area Size : 7,860

Year Built : 2024

Garage : 8

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 19

    Bathroom Information

    Total Baths: 18 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2024 Building Area Total: 7,860
  • Foundation

    Raised
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1504 Lot Size Dimensions: 50x131
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6551

  • Listing Price Information

    Original List Price: 2,895,000 Listing Contract Date: 2026-03-09
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5075018026

  • Garage and Parking

    Attached Garage: Yes

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4513 Directions: 1629 S. New Hampshire Ave. Los Angeles, CA 90006 Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 2 Common Walls: 1 Common Wall Year Built Source: Builder Total Square Feet Living: 7860 Property Attached: Yes Levels or Stories: Three Or More,Multi/Split
Sell a home like this and save $173,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1817 W 12th Street, Los Angeles, CA, 90006 $1,599,000 7 -- 3,308 3,308 SqFt
1242 S Bonnie Brae, Los Angeles, CA, 90006 $740,000 4 2 2,207 2,207 SqFt
1147 S Westlake Avenue, Los Angeles, CA, 90006 $975,000 4 1 2,110 2,110 SqFt
1324 S Westlake Avenue, Los Angeles, CA, 90006 $900,000 -- -- 4,232 4,232 SqFt
2694 James M Wood Boule.., Los Angeles, CA, 90006 $1,795,000 3 -- 3,399 3,399 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $1,195,000 5 -- 3,604 3,604 SqFt
1136 Arapahoe, Los Angeles, CA, 90006 $1,400,000 -- -- 5,040 5,040 SqFt
1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 $849,900 6 -- 2,804 2,804 SqFt
1333 Arapahoe Street, Los Angeles, CA, 90006 $995,000 5 3 2,626 2,626 SqFt
1415 Arapahoe Street, Los Angeles, CA, 90006 $1,600,000 6 4 3,641 3,641 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/25/2026 @ 03:35

MLS: 26661731 LISTED BY: Michael Fitzgerald, Rise Realty 866-344-7473 SOURCE: CRMLS

Homes around $2,895,000

Selling? Save $173,201 when you sell a home like this

Tour with a ByOwner Agent