Active

1845 N New Hampshire Avenue

Los Angeles, CA 90027
Mark as Favorite
Bed 10

Bed

Bath 0

Bath

SqFt5,036

Sqft

SqFt8,431

Sqft(Lot)

We are pleased to present 1845 N New Hampshire Avenue, a charming 10-unit bungalow-style multifamily asset situated just south of Franklin Avenue in the heart of Los Feliz, one of the most walkable and sought-after rental submarkets on the Eastside of Los Angeles. Built in 1923, the property features a classic bungalow-style layout on a generous 8,428 SF lot, a character-defining configuration rarely available in this submarket, offering residents a low-density, detached-feel living environment with dual access points for added privacy and convenience. The property is separately metered for gas and electricity with tenants paying for most of their utilities, and waste removal is also tenant-paid, meaningfully reducing operating expenses and providing the incoming owner with insulated, pred ictable cashflow from day one. The asset has been meticulously maintained by long-term ownership, with freshly painted exteriors, newly installed landscaping, well-kept grounds, and individual water heaters per unit, signaling pride of ownership and reducing near-term deferred maintenance exposure for the next investor. This offering represents a rare generational ownership opportunity. The property has remained under the same family's stewardship for decades with extremely limited transaction history, presenting investors with the kind of below-market basis rarely available in a neighborhood of this caliber. Offered at $1,650,000, representing $165,000 per unit and $328/SF, the property presents a compelling value-add opportunity with over 46% rental upside as below-market tenancies roll to current Los Feliz market levels, providing a clear and executable path to meaningful NOI growth through natural turnover with no renovation required. Walk Score 80 Transit Score 80. Ideally positioned steps from the dining, coffee, and retail corridors of Vermont Avenue and Hillhurst Avenue, with walkable access to Los Feliz Village, Griffith Park, and the broader amenity base that drives persistent tenant demand and low vacancy throughout all market cycles.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,650,000

AD Id : 87353976

MLS Id : 26854257

Beds : 10

Lot Size : 8,431 Sqft

Living Area Size : 5,036

Year Built : 1923

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1923 Building Area Total: 5,036

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1935 Lot Size Dimensions: 50x168
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8431

  • Listing Price Information

    Original List Price: 1,650,000 Listing Contract Date: 2026-06-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5589029019

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C20 - Hollywood Postal Code Plus 4: 4209 Directions: South of Franklin Ave at N New Hampshire, one block West of N Vermont Avenue. Zoning: LAR3 Source Property Type: Residential Income Area: C20 - Hollywood
  • Building and Construction

    Property Age: 103 Year Built Source: Vendor Enhanced Total Square Feet Living: 5036 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4130 Parva Avenue, Los Angeles, CA, 90027 $4,499,000 5 6 5,492 5,492 SqFt
4130 Parva Avenue, Los Angeles, CA, 90027 $4,398,000 5 6 5,492 5,492 SqFt
3700 Arbolada Road, Los Angeles, CA, 90027 $2,400,000 6 -- 3,553 3,553 SqFt
3664 Holboro, Los Angeles, CA, 90027 $2,850,000 4 4 3,582 3,582 SqFt
3765 Arbolada Road, Los Angeles, CA, 90027 $2,149,000 7 -- 3,883 3,883 SqFt
3700 Lowry Road, Los Angeles, CA, 90027 $5,495,000 4 5 4,991 4,991 SqFt
3757 Los Feliz Boulevard, Los Angeles, CA, 90027 $2,495,000 7 -- 4,171 4,171 SqFt
2530 Hyperion, Los Angeles, CA, 90027 $1,500,000 -- -- 4,200 4,200 SqFt
3256 Colony Circle, Los Angeles, CA, 90027 $1,395,000 3 3 1,688 1,688 SqFt
3751 Prestwick, Los Angeles, CA, 90027 $1,850,000 4 4 2,609 2,609 SqFt

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ByOwner last updated this listing 07/07/2026 @ 15:53

MLS: 26854257 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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