121 N NEW HAMPSHIRE AVE

Estimated Monthly Payment: $10,466/mo 121 N NEW HAMPSHIRE AVE, Los Angeles, CA 90004 MLS# 18354218 Residential Income Listing Status: Active
8
8
6,711 sqft
63
34
0
0

REMARKS:

PRICE REDUCED BY $354, 000. We are pleased to present a Spanish Style 8 unit multifamily investment opportunity located in the Mid-Wilshire submarket of Los Angeles. The building consists of 6, 711 SF of living area and is situated on a 7, 499 SF lot zoned R-4. This zoning would provide a new owner with future development exit strategies such as the ability to build 18 units by right on the subject parcel (Buyer to Verify).This property features: 8 very spacious 1BR+1BA units. All units have hardwood floors and are individually metered for gas and electricity. The majority of the units have been beautifully renovated which is reflected by the Rent/SF that the owner has been able to achieve. The property has undergone major capital improvements including:100% Copper/Pex Plumbing, New Exterior Paint, New Landscaping, Rehabbed Units, etc. These upgrades help keep operating expenses low. Lastly, the property has parking for 6 spaces in the rear of the building along with on-site laundry.

OVERVIEW:

18-354218:CLAW
Residential Income
Active
Mid-Wilshire
1923
6711
6
Wall Heater
Wall Unit(s)

FEATURES:

Other
Refrigerator

ROOM INFO:

8
8
8

FINANCIAL:

$2,295,000
$133,189

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jonathan Prakash - Keller Williams Silicon Beach

 

01949460 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/14/2018