$5,500,000
NEW CONSTRUCTION $900K PRICE DROP

Estimated payment $29,526/month

Total Views 284,825
22 Beds
22 Baths
12,558 Sq Ft
$438 Price per Sq Ft

Highlights

  • New Construction
  • Air Conditioning
  • 4-minute walk to Vermont Station

About This Home

11503 S New Hampshire Avenue is a 10-unit multi-family property ideally located in the Athens neighborhood of Los Angeles. The total 12,558 SF property consists of three separate buildings on one 8,454 SF lot. Unit mix consists of (2) one bed/one bath units, (2) two bed/two bath units and (6) three bed/three bath units. All units are planned for Section 8 tenants. The three-story property includes first floor parking and in-unit laundry hook-ups. The New Hampshire Avenue property is less than a 10 minute walk from the Vermont/Athens Metro Stop. Located just southwest of Imperial Hwy & Vermont Avenue, there are abundant retail and restaurant amenities nearby. Tenants can easily access the 105 & 110 Freeway, connecting to the world famous California beaches, downtown Los Angeles and greater Los Angeles. Los Angeles Southwest College is located less than one mile away. Property owner is a California Licensed Real Estate Professional.

Listing Agent

Alvin Scioneaux

Lee & Associates Investments Services Group Inc License #02204613 Listed on: 05/06/2024

Co-Listing Agent

Lisa Carr Smith

Lisa Carr & Associates License #01189469

Property Details

Home Type

  • Multi-Family

Home Design

  • New Construction

Interior Spaces

  • 12,558 Sq Ft Home
  • 3-Story Property
  • Stacked Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 22 Bathrooms

Additional Features

  • 8,457 Sq Ft Lot
  • Air Conditioning

Community Details

  • 3 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 6079-020-047

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: No
  • Living Area: 12558
  • Lot Acreage: 0.1941
  • Property Condition: New Construction
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 22
  • Total Bathrooms: 22.00
  • Equipment: Stackable W/D Hookup
  • Price Per S Q F T: 437.97

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Percent: 100
  • Assessed Land Value: 598230
  • Total Assessed Value: 598230
  • Assessor Parcel Number: 6079-020-047
  • Lot Size Area: 8457

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.60
  • Number Of Units: 10
  • Type Of Units: Section 8
  • Vacancy Allow Percent: 3.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,493 $1,570,958 $640,258 $930,700
2024 $7,493 $610,194 $610,194 --
2023 $7,359 $598,230 $598,230 $0
2022 $6,991 $586,500 $586,500 $0
2021 $6,925 $575,000 $575,000 $0
2020 $3,826 $301,920 $301,920 $0
2019 $3,534 $296,000 $296,000 $0
2018 $0 $58,235 $58,235 $0
2016 -- $58,235 $58,235 $0
2015 -- $58,235 $58,235 $0
2014 -- $58,235 $58,235 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2025 06/12/25 Price Changed $5,500,000 -14.1% $438 / Sq Ft
05/06/2024 05/06/24 For Sale $6,400,000 -- $510 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $575,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $230,000 Chicago Title Company
Source: Public Records

Source: The MLS

MLS Number: 24-397913

The MLS

APN: 6079-020-047