121 N New Hampshire Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,711 sqft
Price per Sqft $340
MLS Listing ID 24-447665
Bedrooms 8
Year Built 1923
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.
Location
State CA
County Los Angeles
Area Mid-Wilshire
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Other
Cooling None
Equipment Range/Oven, Refrigerator
Exterior
Garage Assigned, Other, Uncovered
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard