Los Angeles, CA 90004 121 N New Hampshire Avenue

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Presented By: Jacob Hausman with The RFC Group;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25544713
  • 05/29/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Baths • 8
  • SQFT • 6,711

Home Details

Located just southeast of Normandie & Beverly in the heart of Koreatown, this classic Spanish-style 8-unit apartment building offers a rare blend of immediate income potential, long-term upside, and prime positioning in one of LA's strongest rental markets.Sitting on a 7,499 SF R4-zoned lot, this 6,711 SF building currently features eight oversized 1BR/1BA units, three of which are fully renovated and two delivered vacant, making it ideal for owner-users or investors looking to capture strong market rents right away. The property boasts significant capital upgrades, including copper/PEX plumbing, fresh exterior paint, renovated units, and new landscaping. Tenants enjoy classic hardwood floors, individual gas/electric meters, on-site laundry, and 6 gated parking spaces in the rear. Zoned LAR4, gives the opportunity for development in the future. Located minutes from Silver Lake, Downtown LA, and Dodger Stadium, and within walking distance to major Koreatown attractions and transit lines, this building checks all the boxes for location, stability, and future growth.
Presented By: Jacob Hausman with The RFC Group;

Interior Features for 121 N New Hampshire Avenue

Bedrooms

Total Bedrooms

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories

General for 121 N New Hampshire Avenue

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate6.1
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsUse Google Maps
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income174456.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7501.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income122119.0
New ConstructionNo
Number Of Units Total8
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1923
ZoningLAR4

Exterior for 121 N New Hampshire Avenue

Building Area Total6711.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7501.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Uncovered
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,997,200
MLS#25544713
List Date 05/29/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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