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$ 4,250,000
Est. payment | /mo
24 Beds
24 Baths
11,792 SqFt
$ 4,250,000
Est. payment | /mo
24 Beds
24 Baths
11,792 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,792 sqft
Price per Sqft $360
MLS Listing ID 24468817
Bedrooms 24
HOA Y/N No
Year Built 1989
Lot Size 9,016 Sqft
Property Description
311 South New Hampshire Avenue is an attractive 16-unit apartment community in Koreatown. 311 South New Hampshire was built in 1989 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists of eight (8) Two Bedroom / 2 Bathroom units and eight (8) One Bedroom / One Bathroom units 16 spacious units. Current ownership has proven a concept for future ownership by executing tasteful remodels of five units (Units 201, 202, 204, 205, and 208). Unit upgrades include new modern flooring, updated bathrooms/kitchens with new appliances and countertops, and sleek fixtures throughout. 311 South New Hampshire Avenue boasts ample onsite parking, with 22 spaces in total. The property is not on the LA City mandatory seismic retrofit list. Located in Koreatown, 311 S New Hampshire Avenue is a short distance from the City's primary employers in Downtown Los Angeles and Hollywood and has world-class access to public transportation. 311 South New Hampshire Avenue has a Walk Score of 95 out of 100. This location is a Walker's Paradise, and daily errands do not require a car.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAC2
Interior
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 22
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5502007014
Special Listing Condition Standard
Listed by Nick Astrupgaard • KW Commercial Studio City
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "