747 S New Hampshire Ave, Los Angeles, CA 90005
747 S New Hampshire Ave, Los Angeles, CA 90005
747 S New Hampshire Ave, Los Angeles, CA 90005
6
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$3,200,000
Est. payment /mo
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24 Baths
14,188 SqFt
New

747 S New Hampshire Ave Los Angeles, CA 90005

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Chance Vanek

Chance Vanek

+1(702) 305-3777

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,188 sqft

Price per Sqft $225

MLS Listing ID 26993065

Construction Status Updated/Remodeled

Year Built 1921

Lot Size 0.261 Acres

Acres 0.2609

Property Sub-Type Multi-Family

Property Description

747 S New Hampshire Ave is a twenty-four (24) unit apartment property consisting entirely of spacious Studio units averaging approximately 550 square feet. The property is located in the heart of Koreatown, less than 0.5 miles and a 10-minute walk from the Wilshire/Vermont Metro Station. During the current owner's 10+ year tenure, the property has been well maintained and improved. Renovated units feature copper plumbing, upgraded electrical, stainless steel appliances, new flooring, and updated kitchens. The property was re-stuccoed in 2013, all windows were replaced in 2018, and over $30,000 was spent on roof upgrades and maintenance in 2026.The investment offers an astounding 7.12% going-in cap rate and a low $133k/unit entry price point with 46.35% upside potential in the twelve (12) non-renovated units. With the proper financing, an investor can achieve a 9.20% cash-on-cash return with potential upside to an 8.71% cap rate and 13.73% cash-on-cash return. JNM Realty manages 3,500 units across Los Angeles and Orange County and is available to manage the property for an investor.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Air Conditioning

Equipment None

Laundry Community

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by JNM Realty, INC.

NEARBY SCHOOL & BUSINESS

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Chance Vanek

Chance Vanek

Agent RE.S.0066702

+1(702) 305-3777

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747 S New Hampshire Ave