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221 N New Hampshire Ave, Los Angeles, CA 90004
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221 N New Hampshire Ave Los Angeles, CA 90004

$2,700,000 Sold Price as of 11/04/2020
  • 17 Beds
  • 13 Baths
  • -- Sq.Ft.
Sold
$2,700,000 Sold Price as of 11/04/2020 Refinance Your Mortgage
Map preview of 221 N New Hampshire Ave, Los Angeles, CA 90004

Property Overview: 221 N New Hampshire Ave Los Angeles, CA has 17 bedrooms, 13 bathrooms, -- living square feet and 7,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 221 N. New Hampshire Avenue is a 9-unit multifamily investment property centrally located in the heart of Los Angeles. The Property is ideally situated between 3rd and Beverly Boulevards, just West of Vermont. The property is located on a beautiful palm tree lined street, walking distance to the Beverly/Vermont Metro stop as well as several dining and shopping destinations. Built in 1986, 221 N. Hampshire boast an excellent unit mix, with 8 of the 9 units being 2 bedrooms, ranging in size from 810 to 980 square feet. The property has 11 parking spaces, most units in the building have balconies and all have Central A/C and heat. 221 N. New Hampshire Avenue offers investors the opportunity to implement a comprehensive value-add program focused on enhancing the property exterior and unit interiors to reach the potential of nearly 100% upside above current rents.

Listed by Dana Brody | BRE #01429001 | Dana Brody
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
7,503
HOA Dues
$0/mo
Year built
1986
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20626616
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,335
  • Total Rent: $1,335
  • Pro Forma/Market Rent: $1,335
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,722
  • Total Rent: $5,071
  • Pro Forma/Market Rent: $5,071
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,610
  • Total Rent: $3,212
  • Pro Forma/Market Rent: $3,212
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $3,235
  • Pro Forma/Market Rent: $3,235
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.76
  • Gross Scheduled Income: --
  • Net Operating Income: $112,879
  • Gross Operating Income: $165,858
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 221 N New Hampshire Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Three Or More
  • Security Features: Automatic Gate, Smoke Detector(s), Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Controlled Entrance
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 9
  • Parcel Number: 5518026017
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: Take Beverly Boulevard East to New Hampshire, turn right
View more facts & features

Local Los Angeles Agent

Sale History for 221 N New Hampshire Ave

Last sold for $2,700,000 on November 4th, 2020

  • November, 2020

  • Nov 5, 2020

    Date

    Sold

    CRMLS: 20626616

    $2,700,000

    Price

  • Oct 9, 2020

    Date

    Pending

    CRMLS: 20626616

    $2,695,000

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: 20626616

    $2,695,000

    Price

  • November, 2020

  • Nov 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,700,000

    Price

Show More

Tax History for 221 N New Hampshire Ave

Assessed Value (2020): $1,359,338
Year Land Value Improved Value Assessed Value
2020 $546,333 $813,005 $1,359,338

Home Value Compared to the Market

This property vs the competition

221 N New Hampshire Ave sold on November 4, 2020 for 111.54% higher than the current median sold price for the city of Los Angeles which is $1,274,000.

About 221 N New Hampshire Ave

Detailed summary of property

221 N New Hampshire Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 17 bedrooms, 13 bathrooms, roughly -- living square feet, and sits on an approximately 7,503 square foot lot. 221 N New Hampshire Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,700,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 111.54% higher than the current median priced home. Local homes that are currently for sale include 136 N Rampart Blvd, 2951 Francis Ave and 5017 Institute Pl. While the average home in Los Angeles, CA is selling in 100 days, 221 N New Hampshire Ave has a days on market of 38 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 221 N New Hampshire Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 221 N New Hampshire Ave

Public county record property details
Beds
17
Baths
17
Year built
1986
Sq. Ft.
8,763
Lot Size
7,502
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
113
APN
5518-026-017

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$2,215,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
68
Median Sale to List Price %
110.81%
Avg Days on Market
24
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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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