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1641 S New Hampshire Ave, Los Angeles, CA 90006
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1641 S New Hampshire Ave Los Angeles, CA 90006

$1,455,000 Sold Price as of 08/13/2021
  • 56 Beds
  • 36 Baths
  • 4,809 Sq.Ft.
Sold
$1,455,000 Sold Price as of 08/13/2021 Refinance Your Mortgage
Map preview of 1641 S New Hampshire Ave, Los Angeles, CA 90006

Property Overview: 1641 S New Hampshire Ave Los Angeles, CA has 56 bedrooms, 36 bathrooms, 4,809 living square feet and 6,551 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An opportunity to acquire 8 units, 7 2 Bedrooms and 1 single. Entire building was re piped recently. All earthquake retrofit has been completed. Tremendous upside potential. 3 units have been gutted and are being rented at Market rate. Location is surrounded by smaller developments and USC Housing. Showing with accepted offer. Do Not Disturb Tenants. Excellent for a 1031 Exchange Buyer!

Listed by Joshua Tomaszewski | BRE #01836611 | JRM Properties
Last checked: 25 seconds ago | Last updated: January 3rd, 2024 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
6,551
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21727130
City
Los Angeles
County
Los Angeles
Time on Site
1226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,713
  • Total Rent: $1,713
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $693
  • Total Rent: $693
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $693
  • Total Rent: $693
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,713
  • Total Rent: $1,713
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $693
  • Total Rent: $693
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $693
  • Total Rent: $693
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $421
  • Total Rent: $421
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.73
  • Gross Scheduled Income: --
  • Net Operating Income: $58,320
  • Gross Operating Income: $101,268
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1641 S New Hampshire Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 8
  • Parcel Number: 5075018028
Location / Neighborhood
Location Information
  • Directions: South of Venice, West of Vermont.
View more facts & features

Local Los Angeles Agent

Sale History for 1641 S New Hampshire Ave

Last sold for $1,455,000 on August 13th, 2021

  • August, 2021

  • Aug 13, 2021

    Date

    Sold

    CRMLS: 21727130

    $1,455,000

    Price

  • Jun 25, 2021

    Date

    Pending

    CRMLS: 21727130

    $1,695,000

    Price

  • May 4, 2021

    Date

    Active

    CRMLS: 21727130

    $1,695,000

    Price

  • September, 2017

  • Sep 17, 2017

    Date

    Expired

    CRMLS: 17242236

    $1,345,000

    Price

  • Aug 29, 2017

    Date

    Withdrawn

    CRMLS: 17242236

    $1,345,000

    Price

  • Jun 16, 2017

    Date

    Active

    CRMLS: 17242236

    $1,345,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the Market!!!! Rare opportunity to buy 8 units with 7 2-bedrooms. 3 units recently gutted and rented at Market rate. Building was re piped less than two years ago. A true value add deal with over 45% upside in rents. Location is surrounded by USC student housing, offering even a greater future opportunity. Perfect for a 1031 exchange buyer to acquire a now stabilized building with tremendous upside. This deal is priced to sell.

  • October, 2014

  • Oct 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $808,000

    Price

  • August, 2014

  • Aug 27, 2014

    Date

    Price Change

    CRMLS: 14788819

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Two story frame and stucco side-walk up apartment with on site parking. Seven 2-bedroom units and 1 single. The overall maintenance level appears to be average. Gated entry and gated rear. Limited view from living room of second floor units. Lots of upside potential. Close to Downtown LA, Santa Monica Freeway, shopping , restaurants, public transportation, schools and churches. See private remarks for viewing instructions.

  • December, 2012

  • Dec 14, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1641 S New Hampshire Ave

Assessed Value (2020): $887,939
Year Land Value Improved Value Assessed Value
2020 $659,362 $228,577 $887,939

Home Value Compared to the Market

This property vs the competition

1641 S New Hampshire Ave sold on August 13, 2021 for 51.34% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $352.46 per/sqft which puts the price per square foot 51.32% lower than the current median sale per square foot for the city of Los Angeles.

About 1641 S New Hampshire Ave

Detailed summary of property

1641 S New Hampshire Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 56 bedrooms, 36 bathrooms, roughly 4,809 living square feet, and sits on an approximately 6,551 square foot lot. 1641 S New Hampshire Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,455,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 51.34% higher than the current median priced home. Local homes that are currently for sale include 1144 S Kingsley Dr, 1561-1 S Harvard Blvd and 1109 S Ardmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 1641 S New Hampshire Ave has a days on market of 51 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 1641 S New Hampshire Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1641 S New Hampshire Ave

Public county record property details
Beds
14
Baths
8
Year built
1961
Sq. Ft.
4,809
Lot Size
6,551
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
5075-018-028

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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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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