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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.

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Additional Information
KW Commercial Studio City
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CLW-C103940
CLW-X7405201
Nick
5502007014
: Standard
Two
32

Multi-Family For Sale

311 New Hampshire Avenue, Los Angeles, California 90020

11,792 Sqft
$4,250,000
Listing ID #24468817
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24468817
Price : $4,250,000
Living Area : 11,792 Sqft
Lot Size : 9,015 Sqft
Year Built : 1989
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90020
Price Per Square Foot : $360
ModificationTimestamp : 2024-12-11 05:17:55
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