Property Details
About this Property
1629 S New Hampshire is a 2024 construction, FULLY rented 5-unit located just minutes from the USC campus and Exposition Park! This is one of the best priced BRAND-NEW CONSTRUCTION 5-UNITS IN ALL OF LA. With a stabilized 5.43% cap rate, this one-of-a-kind opportunity will not last long! All units are eligible for rent increases within first months of ownership, and there are available parking spaces that can be rented to tenants. A new build with great upside- VERY RARE! The property is made up of two enormous 5-bedroom units and three 3-bedroom units with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, all units rented extremely fast to A+ tenants. With $19,395 in monthly gross rent, ease of management this will be a high cash flow property for years to come! The building boasts tons of balconies, 8 garage parking spots accessed by a convenient back alley, luxury finishes, and large floorplans, these units ARE the #1 choice for high paying USC students, recent graduates and more! Every box is checked! 1629 S New Hampshire is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, th
MLS Listing Information
MLS #
CRBB24139414
MLS Source
California Regional MLS
Days on Site
137
Interior Features
Appliances
Dishwasher, Microwave, Other, Oven - Gas, Oven Range - Gas, Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Garage: 8 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Elizabeth Maddox
Myunits.com Inc.
License #: 01921425
Phone: –
Co-Listing Agent
Isaac Davidi
License #: 01819489
Phone: (310) 877-9425
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1629 S New Hampshire Ave is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,199,000 and was built in 2024. This address can also be written as 1629 S New Hampshire Ave, Los Angeles, CA 90006.
©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 11, 2024. For the most current information, please contact Elizabeth Maddox
