Current Listing | 6-Unit Value-Add Building in Los Angeles

Kelly Giery and Cameron Samimi of Lyon Stahl are pleased to present 1433 S New Hampshire Ave,  a 6 unit value-add building in the Pico-Union area of Los Angeles. 

This property is listed at $1,200,000.

This property has a fantastic unit mix consisting of (1) 3-Bed/2-Bath unit, (1) 2-Bed/1-Bath unit, and (4) 1-Bed/1-Bath units.

 The property has 6 parking garages that are conveniently located for tenants.

The mandatory retrofit has been completed on the garages.

 The property is being delivered at a 4.19% Cap and a 13.89 GRM on current rents with upside potential of a Market 8.46% Cap and 8.62 GRM.

This property is surrounded by new development and is the perfect asset for a value-add investor.

More on this Property:

View Listing

Marketing Package

For More Information, Contact:

Kelly Giery: [email protected]

Cameron Samimi: [email protected]