121 N New Hampshire Ave Los Angeles, CA 90004
Koreatown NeighborhoodEstimated payment $12,638/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,501 Sq Ft Lot
Interior Spaces
- 8 Bathrooms
- 6,711 Sq Ft Home
- 2-Story Property
- Oven or Range
Parking
- Uncovered Parking
- Assigned Parking
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5518-027-014
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $1,997,200 | +4.6% | $298 / Sq Ft |
02/17/2017 02/17/17 | Sold | $1,910,000 | +0.6% | $285 / Sq Ft |
12/19/2016 12/19/16 | Pending | -- | -- | -- |
11/27/2016 11/27/16 | For Sale | $1,898,000 | -- | $283 / Sq Ft |
Source: The MLS
MLS Number: 25544713

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