Los Angeles, CA 90004 247 N New Hampshire Avenue
$1,400,000
Pending
Presented By: Carlos Alfaro with Century 21 Masters; 818-505-4036
- MLS# SR25146331
- 06/30/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 2
Baths • 12
SQFT • 7,736
Home Details
First time on the market in over 40 years! This well-maintained 12 unit building, built in 1922, is located adjacent to Koreatown- one of Los Angeles' most dynamic and high demand rental markets. This property features 10 studios and 2 one-bedroom, one-bath units. Owner pays water and gas, making this a highly attractive option for tenants. Additional amenities include common area laundry with washer and dryer, and on-site parking for up to 12 vehicles - a rare find in the area. This charming, character-rich property offers income. An ideal opportunity for investors seeking stable cash flow and long-term upside in a prime location.
Presented By: Carlos Alfaro with Century 21 Masters; 818-505-4036
Interior Features for 247 N New Hampshire Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, Inside
Total Stories2
Other Rooms
Entry Level1
General for 247 N New Hampshire Avenue
Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks, Urban
Construction MaterialsStucco
CountyLos Angeles
DirectionsSouth 101 exit Vermont, right on Rosewood Ave., left on New Hampshire.
Electric Expense750.0
Entry LocationFirst door
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense468.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9544.0
Lot Size UnitsSquareFeet
MLS AreaKREA - Koreatown
MobileHomeRemainsYNNo
Net Operating Income72925.0
New ConstructionNo
Number Of Units Total12
Operating Expense73075.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Tax Lot119
Tenant PaysGas, Water
Trash Expense578.0
ViewNeighborhood
Water Sewer Expense1000.0
Year Built1922
Year Built SourcePublicRecords
ZoningLAR3
Exterior for 247 N New Hampshire Avenue
Building Area Total7736.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, NearPublicTransit
Lot Size Acres0.2191
Lot Size Area9544.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters12
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate