$1,997,200

121 N New Hampshire Ave Los Angeles, CA 90004

Koreatown Neighborhood

Estimated payment $12,638/month

Total Views 1,418
-- Bed
8 Baths
6,711 Sq Ft
$298 Price per Sq Ft

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.

Listing Agent

Jacob Hausman

The RFC Group License #01124558 Listed on: 05/29/2025

Co-Listing Agent

Aaron Kaboud

The RFC Group License #02039278

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6711
  • Lot Acreage: 0.1722
  • Year Built: 1923
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 297.60

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Uncovered

Lot Info

  • Assessed Improvement Percent: 30.10
  • Assessed Improvement Value: 654249
  • Assessed Land Percent: 69.9
  • Assessed Land Value: 1519000
  • Total Assessed Value: 2173249
  • Assessor Parcel Number: 5518-027-014
  • Lot Size Area: 7501

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Number Of Units: 8
  • Total Annual Expense: 52337
  • Type Of Units: Regular
  • Vacancy Rate: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: The MLS

MLS Number: 25544713

The MLS