11830 S New Hampshire AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
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