311 S New Hampshire Avenue

Los Angeles, CA 90020

$4,250,000

List Price

24

bed Beds

24

shower Baths

11,792 sqft

straighten / sqft

1989

calendar_month Built

Property Description

311 South New Hampshire Avenue is an attractive 16-unit apartment community in Koreatown. 311 South New Hampshire was built in 1989 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists of eight (8) Two Bedroom / 2 Bathroom units and eight (8) One Bedroom / One Bathroom units 16 spacious units. Current ownership has proven a concept for future ownership by executing tasteful remodels of five units (Units 201, 202, 204, 205, and 208). Unit upgrades include new modern flooring, updated bathrooms/kitchens with new appliances and countertops, and sleek fixtures throughout. 311 South New Hampshire Avenue boasts ample onsite parking, with 22 spaces in total. The property is not on the LA City mandatory seismic retrofit list. Located in Koreatown, 311 S New Hampshire Avenue is a short distance from the City's primary employers in Downtown Los Angeles and Hollywood and has world-class access to public transportation. 311 South New Hampshire Avenue has a Walk Score of 95 out of 100. This location is a Walker's Paradise, and daily errands do not require a car.

Listing Information

List Price $4,250,000
Status Active
MLS 24468817
Type Residential Income
Year Built 1989
Lot Size 9,015
Structure Size 11,792
DOM 8
Courtesy Of KW Commercial Studio City
Listing Agent Nick Astrupgaard DRE#01893466
Co-Listing Agent Rich Johns DRE#01432215

Interior Features

Total Bedroom
Bedrooms 24
Total Bathroom
Bathrooms 24

Exterior Information

Maps

Listing information courtesy of: Nick Astrupgaard, Rich Johns, KW Commercial Studio City 818-432-1580. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2024 at 7:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.