1807 S New Hampshire Ave, Los Angeles, CA 90006
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1807 S New Hampshire Ave Los Angeles, CA 90006

$2,590,000 Sold Price as of 10/10/2023
  • 16 Beds
  • 16 Baths
  • 7,649 Sq.Ft.
Sold
$2,590,000 Sold Price as of 10/10/2023 Refinance Your Mortgage

Map preview of 1807 S New Hampshire Ave, Los Angeles, CA 90006

Property Overview: 1807 S New Hampshire Ave Los Angeles, CA has 16 bedrooms, 16 bathrooms, 7,649 living square feet and 6,548 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a four (4) unit apartment building located at 1807 S New Hampshire Avenue in Los Angeles, California. The subject property is located in a good Pico Union location north of W Washington Boulevard and west of Vermont Avenue. Built in 2021, this property contains a truly incredible unit mix of four (4) four-bedroom / four-bathroom units. This offering was beautifully designed with two (2) duplexes going up three (3) stories on a 6,548 SF lot with low-maintenance landscaping. The property is gated & secure with garage parking, and on-site surface parking available. Each unit is large at an average of 1,912 SF, and each unit has a 2-car tandem garage. Tenants will appreciate being only a mile and a half away from the University of Southern California (USC). The property is nestled between prime Koreatown and West Adams, both seeing an influx of new development and demand for the overall submarket. This allows the residents dominant access to incredible retail, restaurant, and entertainment amenities all located within close proximity to the campus. Situated in a good Pico Union location, this offering presents an excellent opportunity for any investor to capitalize on a new construction asset that is free from rent control in a core market of Los Angeles adjacent to Koreatown, West Adams, and USC.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 2 minutes ago | Last updated: October 10th, 2023 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
6,548
HOA Dues
$0/mo
Year built
2021
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
23285805
City
Los Angeles
County
Los Angeles
Time on Site
448 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $3,750
  • Total Rent: $3,750
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $3,750
  • Total Rent: $3,750
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.68%
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: --
  • Net Operating Income: $147,391
  • Gross Operating Income: $185,076
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1807 S New Hampshire Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Three Or More
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Tandem Garage, Garage - Two Door, Gated, Garage, Uncovered
Lot Information
  • Lot Features: Landscaped
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5075019009
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The subject property is located in a good Pico Union location north of W Washington Boulevard and west of Vermont Avenue.
View more facts & features

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Sale History for 1807 S New Hampshire Ave

Last sold for $2,590,000 on October 10th, 2023
  • October, 2023

  • Oct 10, 2023

    Date

    Sold

    CRMLS: 23285805

    $2,590,000

    Price

  • Jun 29, 2023

    Date

    Active

    CRMLS: 23285805

    $2,695,000

    Price

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: 22168865

    $2,949,999

    Price

  • Jun 16, 2022

    Date

    Active

    CRMLS: 22168865

    $2,950,000

    Price

  • Listing provided courtesy of CRMLS

    Brand new Construction with beautiful design features two duplexes with a total of 16 bedrooms and 16 bathrooms! Each unit has its own electrical and gas meter. Low maintenance and stylish landscaping will keep your utility bills down! 7 minutes away from USC and 10 minutes away from LA Live and Staples Center. All units are currently rented, please, no not disturb the tenants.

  • September, 2021

  • Sep 15, 2021

    Date

    Active

    CRMLS: 21784240

    $2,690,000

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW CONSTRUCTION! Beautiful design features two duplexes with a total of 16 bedrooms and 16 bathrooms! Each unit has its own electrical and gas meter. Low maintenance and stylish landscaping will keep your utility bills down! 7 minutes away from USC and 10 minutes away from LA Live and Staples Center. All units are currently rented, please do not disturb the tenants.

  • August, 2021

  • Aug 12, 2021

    Date

    Canceled

    CRMLS: 21683596

    $2,900,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: 21683596

    $2,900,000

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW CONSTRUCTION! Beautiful design features two duplexes with a total of 16 bedrooms and 16 bathrooms! Each unit has its own electrical and gas meter. Low maintenance and stylish landscaping will keep your utility bills down! 7 minutes away from USC and 10 minutes away from LA Live and Staples Center. All units are currently rented, please do not disturb the tenants. Please, adhere to the CDC and DRE recommendations during the COVID-19.

  • January, 2020

  • Jan 8, 2020

    Date

    Sold

    CRMLS: 19486226

    $950,000

    Price

  • Nov 24, 2019

    Date

    Pending

    CRMLS: 19486226

    $1,000,000

    Price

  • Sep 30, 2019

    Date

    Active

    CRMLS: 19486226

    $1,000,000

    Price

  • Sep 19, 2019

    Date

    Active Under Contract

    CRMLS: 19486226

    $1,000,000

    Price

  • Jul 13, 2019

    Date

    Price Change

    CRMLS: 19486226

    $1,000,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: 19486226

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to buy and build ultra modern 4 units with an approximate square footage of 7649. You can buy today and demolish the duplex currently on the property and build the next day. The seller is providing fully approved RTI plans for 4 units. All units are 3 stories with 7 enclosed garages and 1 exterior space. Each unit is 4br 4ba. The square footage of units range from 1811 to 1965. Amazing large units that will command a high rent. Don't miss out. The property is sold with RTI Plans.

  • January, 2020

  • Jan 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

  • July, 2019

  • Jul 9, 2019

    Date

    Canceled

    CRMLS: 19472736

    $1,100,000

    Price

  • May 31, 2019

    Date

    Active

    CRMLS: 19472736

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to buy and build ultra modern 4 units with an approximate square footage of 7649. You can buy today and demolish the vacant duplex currently on the property and build the next day. The seller is providing fully approved RTI plans for 4 units. All units are 3 stories with 7 enclosed garages and 1 exterior space. Each unit is 4br 4ba. The square footage of units range from 1811 to 1965. Amazing large units that will command a high rent. Don't miss out. The property is sold with RTI Plans.

  • April, 2018

  • Apr 25, 2018

    Date

    Sold

    CRMLS: IV18053032

    $730,000

    Price

  • Apr 9, 2018

    Date

    Active Under Contract

    CRMLS: IV18053032

    $729,950

    Price

  • Apr 2, 2018

    Date

    Pending

    CRMLS: IV18053032

    $729,950

    Price

  • Mar 7, 2018

    Date

    Active

    CRMLS: IV18053032

    $729,950

    Price

  • Listing provided courtesy of CRMLS

  • April, 2018

  • Apr 25, 2018

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

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Tax History for 1807 S New Hampshire Ave

Assessed Value (2020): $759,492
Year Land Value Improved Value Assessed Value
2020 $676,260 $83,232 $759,492

Home Value Compared to the Market

This property vs the competition

1807 S New Hampshire Ave sold on October 10, 2023 for 131.7% 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 $339.26 per/sqft which puts the price per square foot 53.14% lower than the current median sale per square foot for the city of Los Angeles.

About 1807 S New Hampshire Ave

Detailed summary of property

1807 S New Hampshire Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 7,649 living square feet, and sits on an approximately 6,548 square foot lot. 1807 S New Hampshire Ave was first listed on ArdentRealEstateGroup.com on June 29, 2023. The homeowner sold the property for $2,590,000. 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 131.7% higher than the current median priced home. Local homes that are currently for sale include 837 S Berendo St, 1226 S Manhattan Pl and 1415 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 106 days, 1807 S New Hampshire Ave has a days on market of 95 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 1807 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 1807 S New Hampshire Ave

Public county record property details
Beds
3
Baths
2
Year built
1902
Sq. Ft.
1,604
Lot Size
6,548
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
5075-019-009

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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Related Resources to 1807 S New Hampshire Ave

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.