625 S New Hampshire Ave, Los Angeles, CA 90005
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625 S New Hampshire Ave Los Angeles, CA 90005

$30,000
  • -- Beds
  • -- Baths
  • 24,256 Sq.Ft.
For Lease
$30,000 Get Pre-Qualified

Map preview of 625 S New Hampshire Ave, Los Angeles, CA 90005

Property Overview: 625 S New Hampshire Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 24,256 living square feet and 9,794 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: 1,000 to 9,630 square foot ground floor office space available for lease in 2 story office building located in the Mid-Wilshire area of Los Angeles. Space may be custom built-out to tenant's specifications (negotiable). Space and location ideal for traditional offices, dental or medical offices, adult or youth daycare centers, a church, private gym, martial arts studio, continuing education center or SAT-preparatory after school program. Space is currently divided into private offices; large conference rooms; a separate coffee room with a sink, counter and cabinets; break rooms; a file room; and restrooms. Office furniture including library-style rolling files and shelves available for rent (Inquire for inventory and pricing). All entries are secure with manager on site and monitored with security cameras. 32 parking spaces. Parking lot can be accessed from Berendo Street. Conveniently located close to public transportation, just blocks from Wilshire in the heart of Koreatown, an already densely-populated area that is experiencing unprecedented growth. The owner's construction and development company occupies the second floor.

Listed by Jung Hong | BRE #00631615 | Hope Investment
Last checked: 14 minutes ago | Last updated: February 23rd, 2024 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
9,794
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Other
Status
Active
MLS#
24359645
City
Los Angeles
County
Los Angeles
Time on Site
76 days

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Property Details for 625 S New Hampshire Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 32
Property Information
  • Parcel Number: 5502026004
Location / Neighborhood
Location Information
  • Directions: North of Wilshire Boulevard; West of Vermont
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Sale History for 625 S New Hampshire Ave

Last sold for $6,825,000 on September 11th, 2020
  • February, 2024

  • Feb 18, 2024

    Date

    Active

    CRMLS: 24359645

    $30,000

    Price

  • June, 2021

  • Jun 8, 2021

    Date

    Active

    CRMLS: 21747442

    $16,000

    Price

  • Listing provided courtesy of CRMLS

    2 Story office building located in the Mid-Wilshire heart of Korea town. Entire 9,630 SF ground floor of 2-story building (Formerly YMCA building) for lease. MAY BE CUSTOM BUILT-OUT TO TENANT'S (Negotiable) 36 Parking spaces available. Idea for offices, medical, adult or youth daycare center, Church, Private gym, martial arts studio, continuing education center, or SAT-prep/leaning academy. Space is currently divided into offices, large conference rooms, separate coffee room, with a sink, counter and cabinets , break rooms, file room and restrooms; Office furniture including library-style rolling files and shelves available for rent (Inquire for inventory and pricing). All entries are secure with manager on site and monitored with security cameras and a parking lot in the rear can be accessed from Berendo Street. Owners construction and Development Company occupied the second floor. Conveniently located by bus line and just blocks from Wilshire in the heart of Korea town, an already densely-populated area that is experiencing unprecedented growth.

  • September, 2020

  • Sep 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $6,825,000

    Price

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Tax History for 625 S New Hampshire Ave

Assessed Value (2020): $12,945,661
Year Land Value Improved Value Assessed Value
2020 $1,340,771 $11,604,890 $12,945,661

Home Value Compared to the Market

This property vs the competition

625 S New Hampshire Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment.

About 625 S New Hampshire Ave

Detailed summary of property

625 S New Hampshire Ave is a other for lease located in Los Angeles, CA 90005. This property offers -- bedrooms, -- bathrooms, roughly 24,256 living square feet, and sits on an approximately 9,794 square foot lot. 625 S New Hampshire Ave was first listed on ArdentRealEstateGroup.com on February 19, 2024. The homeowner is currently asking $30,000. Local homes that are currently for sale include 436 S Virgil Ave #202, 903 S New Hampshire Ave #503 and 345 S Alexandria Ave #121. While the average home in Los Angeles, CA is selling in 96 days, 625 S New Hampshire Ave has a days on market of 62 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for lease at 625 S New Hampshire Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 625 S New Hampshire Ave

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
24,256
Lot Size
9,790
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
4-6
APN
5502-026-004

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$835,000
Median List Price/Sq.Ft.
$665
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
31
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), 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.