$1,895,000

1845 N New Hampshire Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated payment $11,991/month

Total Views 5,755
4 Beds
10 Baths
5,036 Sq Ft
$376 Price per Sq Ft

About This Home

Income Opportunity at 1845 N New Hampshire Avenue, Los Angeles

Presenting a prime investment opportunity at 1845 N New Hampshire Avenue, Los Angeles, this 10-unit building offers a mix of studios and one-bedroom apartments. Currently fully rented, the property provides consistent income with long-term tenants in place, making it an ideal addition to any investment portfolio.

Key Features:

10 units, consisting of a mix of studios and one-bedroom apartments. Mature Lemon, Orange, and Avocado trees add charm and tenant appeal!

Fully occupied, providing stable and reliable rental income

Secure entry, well-maintained common areas

Spacious units with hardwood flooring, ample natural light, and functional layouts

Income Opportunity:

Fully rented with tenants in place, offering immediate cash flow

Steady rental income with long-term tenants and minimal turnover

Opportunity for continued cash flow with the potential for increased rents upon lease renewals

Development Potential:

Zoned for potential redevelopment or expansion, offering long-term value appreciation

Strong demand for rental units in the area, with opportunities for property improvements that could increase value

Attractive location with easy access to public transportation, major freeways, and desirable local amenities

Location Highlights:

Centrally located, close to shopping, dining, and entertainment options

Convenient access to major freeways and public transit

A vibrant and growing neighborhood with parks, schools, and community amenities nearby

1845 N New Hampshire Avenue is a solid income-producing property with long-term tenants already in place. With its prime location, steady cash flow, and potential for future development, it’s an excellent opportunity for investors seeking reliable income and future growth.

Listing Agent

Nicole Stinson

Estate Realty Group, Inc. Brokerage Phone: 661-816-4234 License #01854096 Listed on: 07/29/2025

Co-Listing Agent

Stephen Portaro

Estate Realty Group, Inc. Brokerage Phone: 661-816-4234 License #02053107

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 8,431 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,036 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 10 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 14
  • Assessor Parcel Number 5589029019
  • $1,182 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Gardener Expense $960
  • Maintenance Expense $27,820
  • New Taxes Expense $12,490
  • Operating Expense $54,023
  • Gross Income $131,880
  • Net Operating Income $71,263

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Other Phone Description: Nicole Stinson
  • Other Phone Number: 6618164234
  • Price Per Unit: 189500
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5589029019
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 376.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8431.00
  • Lot Size Acres: 0.1935

Multi Family

  • Gross Income: 131880.00
  • Gross Operating Income: 125286.00
  • Gross Scheduled Income: 131880.00
  • Gross Spendable Income: 71263.00
  • Lot Size Area: 8431.0000 Square Feet
  • Maintenance Expense: 27820.00
  • Net Operating Income: 71263.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 54023.00
  • Rent Control: Yes
  • Total Expenses: 54023.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12490.00
  • Tax Census Tract: 1892.01
  • Tax Lot: 14
  • Tax Tract Number: 14
  • TaxOtherAnnualAssessmentAmount: 1182.00

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
07/29/2025 07/29/25 For Sale $1,895,000 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25163439

California Regional Multiple Listing Service (CRMLS)