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11503 S New Hampshire Ave, Los Angeles, CA 90044
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11503 S New Hampshire Ave Los Angeles, CA 90044

$6,150,000
  • 24 Beds
  • 22 Baths
  • 12,558 Sq.Ft.
For Sale
$6,150,000 Get Pre-Qualified
Map preview of 11503 S New Hampshire Ave, Los Angeles, CA 90044

Property Overview: 11503 S New Hampshire Ave Los Angeles, CA has 24 bedrooms, 22 bathrooms, 12,558 living square feet and 8,457 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this stunning newly built 10-unit apartment building within the highly sought-after Athens neighborhood of Los Angeles. Here's your opportunity to own a brand-new investment property with high-end, first-class finishes. The property spans a total of 12,558 net rentable square feet, comprising three separate buildings situated on an 8,457 square foot lot. The unit mix includes 6 three-bedroom/three-bath units, 2 two-bedroom/one-bath units, and 2 one-bedroom/one-bath units, all designed to accommodate Section 8 tenants. First-floor parking and each individual unit also has its own laundry facilities and comes equipped with a washer, dryer, and refrigerator, ensuring a hassle-free move-in experience. The property enjoys a prime location, less than a 10-minute walk from the Vermont/Athens Metro Stop. Situated southwest of Imperial Highway and Vermont Avenue with easy access to the 105 and 110 Freeways, tenants can quickly reach California’s famous beaches and Los Angeles Southwest College is less than a mile away, making it convenient for both students and staff. Don't miss out on this incredible investment or 1031 Exchange opportunity!

Listed by Kathi Jesse | BRE #01140971 | eXp Realty of Southern California, Inc
Last checked: 8 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
8,457
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Apartment
Status
Active
MLS#
OC24100749
City
Los Angeles
County
Los Angeles
Time on Site
124 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 3
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 10
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 3
  • # of Baths: 3
  • Total Rent: $281,880
  • Pro Forma/Market Rent: $3,915
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $73,248
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $57,768
  • Pro Forma/Market Rent: $2,407
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $412,896
  • Net Operating Income: $412,896
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $71,500
  • Trash: $0
  • Insurance: $12,000
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 11503 S New Hampshire Ave

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Property Details for 11503 S New Hampshire Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, See Remarks, Washer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 10
  • Parcel Number: 6079020047
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: See Remarks
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: South of Imperial Highway, north of the of 105 FWY, West of Vermont. Along the Vermont Corridor, within the Harbor Gateway.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 11503 S New Hampshire Ave

View property's historical transactions

  • May, 2024

  • May 30, 2024

    Date

    Active

    CRMLS: OC24100749

    $6,500,000

    Price

Tax History for 11503 S New Hampshire Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

11503 S New Hampshire Ave is listed 412.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $489.73 per/sqft which puts the price per square foot 36.23% lower than the median price per square foot for the city of Los Angeles.

About 11503 S New Hampshire Ave

Detailed summary of property

11503 S New Hampshire Ave is a apartment located in Los Angeles, CA 90044 and is currently for sale. This apartment offers 24 bedrooms, 22 bathrooms, roughly 12,558 living square feet, and sits on an approximately 8,457 square foot lot. 11503 S New Hampshire Ave was first listed on ArdentRealEstateGroup.com on May 18, 2024. The homeowner is currently asking $5,999,000-$6,150,000 and was originally asking $6,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 412.5% higher than the median priced home. Local competing homes currently for sale include 1741 S Westmoreland Blvd, 2709 W Pico Blvd and 3600 Country Club Dr. While the average home in Los Angeles, CA is selling in 106 days, 11503 S New Hampshire Ave has a days on market of 111 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 11503 S New Hampshire Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11503 S New Hampshire Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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