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Mr. Jackson
@mrjackson

1433 S New Hampshire Ave, Los Angeles, CA 90006

  • $1,150,000
1433 S New Hampshire Ave, Los Angeles, CA 90006, USA
Sold Multifamily

1433 S New Hampshire Ave, Los Angeles, CA 90006

1433 S New Hampshire Ave, Los Angeles, CA 90006, USA
  • $1,150,000

Description

6 unit value-add building in the Pico-Union area of Los Angeles. 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.


Property Status :

  • City Los Angeles
  • State/county CA

Details

Updated on March 16, 2021 at 7:30 am
  • Price: $1,150,000
  • Property Size: 4,277 Sq Ft
  • Land Area: 6,289 Sq Ft
  • Year Built: 1959
  • Property Type: Multifamily
  • Property Status: Sold

Overview

  • Multifamily
  • Property Type
  • 4,277
  • Sq Ft
  • 1959
  • Year Built

Contact Information

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