Active Under Contract

1845 N New Hampshire Avenue

Los Angeles, CA 90027
Mark as Favorite
Bed 10

Bed

Bath 10

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 : ResidentialIncome

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 beds: 10

    Bathroom Information

    Total Baths: 10
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1923
    Building Area Total: 5036
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x168 Main Square Feet: 8431 Lot Size Acres: 0.1935 Lot Size Square Feet: 8,431

  • Listing Price Information

    Listing Price: $1650000

  • Tax Information

    Parcel Number: 5589029019

  • Location Information

    Direction: South of Franklin Ave at N New Hampshire, one block West of N Vermont Avenue.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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3750 Arbolada Road, Los Angeles, CA, 90027 $2,395,000 4 3 2,357 11,986 Sqft
3654 Holboro Drive, Los Angeles, CA, 90027 $2,490,000 3 4 2,816 5,844 Sqft
3700 Lowry Road, Los Angeles, CA, 90027 $5,195,000 4 5 4,991 16,073 Sqft
3757 Los Feliz Boulevard, Los Angeles, CA, 90027 $2,495,000 7 7 4,171 6,416 Sqft
3842 Carnavon Way, Los Angeles, CA, 90027 $5,600,000 4 6 4,918 10,494 Sqft
3619 Lowry Road, Los Angeles, CA, 90027 $3,125,000 4 3 2,503 6,951 Sqft
2338 Lyric Avenue, Los Angeles, CA, 90027 $2,169,000 4 2 1,980 7,984 Sqft
3751 Prestwick Drive, Los Angeles, CA, 90027 $1,895,000 4 5 2,609 7,699 Sqft
2251 Lyric Avenue, Los Angeles, CA, 90027 $1,599,000 3 2 1,547 5,718 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/02/2026 @ 22:35

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

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