$2,495,000

1733 S New Hampshire Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated payment $15,671/month

Total Views 802
16 Beds
16 Baths
5,935 Sq Ft
$420 Price per Sq Ft

Highlights

  • Solar Power System
  • Attached Carport
  • Central Heating and Cooling System
  • Balcony

About This Home

Presenting 1731-1733 S. New Hampshire Ave, a newly constructed, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $189,600 in yearly income and offering a strong 5.53% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all four units. Designed with style and comfort in mind, the units cater to today's renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels. Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA's bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center, and Crypto Arena are all just a short drive away. With its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles.

Listing Agent

Michael Fitzgerald

Power Brokers License #02016898 Listed on: 08/19/2025

Co-Listing Agent

Isaac Davidi

The Davidi Company License #01819489

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Home Design

  • Raised Foundation

Interior Spaces

  • 5,935 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Attached Carport

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Solar Power System
  • Balcony
  • 6,551 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5075-019-004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 5935
  • Lot Acreage: 0.1504
  • Stories: 2
  • Year Built: 2023
  • Number Of Photos: 68
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Flooring: Laminate
  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 420.39

Exterior Features

  • Other Structures: None
  • Foundation Details: Raised
  • Number Patio: 4
  • Patio: Balcony
  • Paved: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 31.91
  • Assessed Improvement Value: 229500
  • Assessed Land Percent: 68.09
  • Assessed Land Value: 489600
  • Total Assessed Value: 719100
  • Assessor Parcel Number: 5075-019-004
  • Lot Size Area: 6551

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.16
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 45947
  • Type Of Units: Townhomes
  • Vacancy Rate: 0%

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
08/19/2025 08/19/25 For Sale $2,495,000 0.0% $420 / Sq Ft
04/23/2024 04/23/24 Rented $3,999 +9.1% --
02/20/2024 02/20/24 Price Changed $3,665 -8.3% $2 / Sq Ft
02/01/2024 02/01/24 Price Changed $3,995 +3.9% $3 / Sq Ft
01/26/2024 01/26/24 Price Changed $3,845 -6.8% $3 / Sq Ft
12/08/2023 12/08/23 For Rent $4,125 -- --
Source: The MLS

Source: The MLS

MLS Number: 25580513

The MLS