11830 S New Hampshire AVE new

Los Angeles,CA 90044

$ 1100000

8 Beds

4 Baths

3319 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,319 sqft

Price per Sqft $331

MLS Listing ID 25530311

Bedrooms 8

Year Built 1956

Lot Size 8,472 Sqft

Property Description

11830 S New Hampshire Ave is a fully renovated 3-unit non-RSO property in one of Los Angeles' fastest-growing neighborhoods with ADU opportunity! It boasts strong income potential with a 5.50% current CAP rate and incredible upside, offering a 58% rental upside, a 8.6% market CAP rate, and a 10.35 market GRM. The front unit is a freestanding four- bedroom with two-full bathrooms. The back duplex consists of (2) two bedroom, 1-bath units. Recent renovations include fresh paint, all new renovated bathrooms and two new renovated kitchens, and astro turf lawns. It has the added potential to increase equity through ADU development. Located in a booming submarket, 11830 S New Hampshire Ave is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Cooling None

Exterior

Parking Features Door-Single,Driveway,Garage,Guest,Uncovered

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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