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

$1,900,000 Sold Price as of 06/28/2022
  • 11 Beds
  • 8 Baths
  • 6,111 Sq.Ft.
Sold
$1,900,000 Sold Price as of 06/28/2022 Refinance Your Mortgage
Map preview of 815 S New Hampshire Ave, Los Angeles, CA 90005

Property Overview: 815 S New Hampshire Ave Los Angeles, CA has 11 bedrooms, 8 bathrooms, 6,111 living square feet and 7,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in prime Koreatown, one of the hottest real estate market in California. The property is walking distance to a wide array of restaurants, grocery market, and shopping destinations. 4 of 5 units have been recently renovated. Owner is occupying one unit. Drive by only. Property sold in it's AS-IS condition. Showing only to the accepted offer. Development chance-R4-2 zoning with alley and TOC Tier 3.

Listed by Kyungho Hwang | BRE #01877950 | 4B Advisors Inc.
Last checked: 7 minutes ago | Last updated: July 8th, 2023 | Source CRMLS | DOM: 190

Home details

Lot Sq. Ft
7,507
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21788396
City
Los Angeles
County
Los Angeles
Time on Site
1006 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,240
  • Total Rent: $1,240
  • Pro Forma/Market Rent: $1,240
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,389
  • Total Rent: $1,389
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.17%
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $108,744
  • Gross Operating Income: $138,348
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 815 S New Hampshire Ave

Interior Features
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Controlled Entrance
Property Information
  • Total # of Units: 5
  • Parcel Number: 5094013003
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Middle of Koreatown. South of 8th Street & West of New Hampshire, Vermont
View more facts & features

Local Los Angeles Agent

Sale History for 815 S New Hampshire Ave

Last sold for $1,900,000 on June 28th, 2022

  • July, 2023

  • Jul 7, 2023

    Date

    Canceled

    CRMLS: 23280655

    $3,400

    Price

  • Jun 15, 2023

    Date

    Active

    CRMLS: 23280655

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Renovated 3 Bed + 2 Bath located in the heart of Koreatown. The unit provides quiet and nice enjoyment in a safe community. The property is close to Larchmont, K-town, DTLA, Hollywood, and Beverly Hills. This property is within a couple of minutes from the Market, shopping center, Bus Stop, Metro Station, Movie Theater, Cafe & much more!! New Kitchen counter table, AC In the unit Beautiful Spacious and Remodeled unit. Water and Trash included Tenant pays electric and gas. No pets are allowed in unit(#4) located on the 2nd floor, Parking is Available upon request.

  • September, 2021

  • Sep 29, 2021

    Date

    Active Under Contract

    CRMLS: 21788396

    $1,900,000

    Price

  • June, 2021

  • Jun 24, 2021

    Date

    Expired

    CRMLS: DW20261412

    $2,000,000

    Price

  • Dec 29, 2020

    Date

    Active

    CRMLS: DW20261412

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Located in prime Koreatown, one of the hottest real estate markets in California. The property is walking distance to a wide array of restaurants, bars and shopping destinations. 4 of 5 units have been recently renovated. Owner is occupying one unit (3Bedroom). Drive by only. Property sold in it's AS-IS condition. Showing only to the accepted offer.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: 20637384

    $2,050,000

    Price

  • Nov 18, 2020

    Date

    Withdrawn

    CRMLS: 20637384

    $2,050,000

    Price

  • Oct 6, 2020

    Date

    Price Change

    CRMLS: 20637384

    $2,050,000

    Price

  • Sep 25, 2020

    Date

    Active

    CRMLS: 20637384

    $1,990,000

    Price

  • Listing provided courtesy of CRMLS

    Located in prime Koreatown, one of the hottest real estate markets in California. The property is walking distance to a wide array of restaurants, bars and shopping destinations. 4 of 5 units have been recently renovated. Owner is occupying one unit (3Bedroom). Drive by only. Property sold in it's AS-IS condition. Showing only to the accepted offer.

  • September, 2020

  • Sep 3, 2020

    Date

    Expired

    CRMLS: 20609896

    $2,300,000

    Price

  • Jul 28, 2020

    Date

    Active

    CRMLS: 20609896

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    815 S New Hampshire is a five (5) unit apartment building located in prime Koreatown in Los Angeles, California. Built in 1922, the property's unit mix consists of: one (1) three-bedrooms, two-bathrooms; one (1) three-bedrooms, one-and-a-half bathrooms; one (1) two-bedrooms, one-and-a-half bathroom; and one (1) one-bedroom, one-bathroom. This two-story masonry property offers one (1) parking space per unit and it is separately metered for electricity. Four (4) of the five (5) units have been recently renovated. Situated just South of Wilshire Boulevard, the property is in close proximity of many restaurants, cafes, coffee shops, boutiques and night life. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Dodger Stadium, Downtown and Chinatown. Additionally, the building is conveniently located near the 110, 10, 5 and 60 Freeways.

  • July, 2019

  • Jul 15, 2019

    Date

    Canceled

    CRMLS: 19455030

    $2,300,000

    Price

  • Apr 13, 2019

    Date

    Active

    CRMLS: 19455030

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    Tenants are not aware of the sale, Dive by only. Broker/Agent/Owner doesn't guarantee accuracy of square footage,bed/bath count, lot size, permit info, descriptions herein or other information.The conditions/Features of property provided by the seller or obtained from public records/other sources.Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals to satisfy themselves.

  • August, 2018

  • Aug 9, 2018

    Date

    Canceled

    CRMLS: 18365186

    $2,100,000

    Price

  • Jul 26, 2018

    Date

    Pending

    CRMLS: 18365186

    $2,100,000

    Price

  • Jul 14, 2018

    Date

    Active

    CRMLS: 18365186

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Best for investment / re-development, R4-2 zoned over 7,000 sf lot. Currently, only 2 units are tenant occupied.

  • April, 2018

  • Apr 8, 2018

    Date

    Sold

    CRMLS: RS17038791

    $1,265,000

    Price

  • Jan 24, 2018

    Date

    Hold

    CRMLS: RS17038791

    $1,525,000

    Price

  • Jan 2, 2018

    Date

    Price Change

    CRMLS: RS17038791

    $1,525,000

    Price

  • Dec 4, 2017

    Date

    Active

    CRMLS: RS17038791

    $1,575,000

    Price

  • Dec 4, 2017

    Date

    Price Change

    CRMLS: RS17038791

    $1,575,000

    Price

  • Oct 31, 2017

    Date

    Hold

    CRMLS: RS17038791

    $1,600,000

    Price

  • Oct 26, 2017

    Date

    Price Change

    CRMLS: RS17038791

    $1,600,000

    Price

  • Oct 26, 2017

    Date

    Active

    CRMLS: RS17038791

    $1,650,000

    Price

  • Oct 6, 2017

    Date

    Hold

    CRMLS: RS17038791

    $1,650,000

    Price

  • Sep 26, 2017

    Date

    Price Change

    CRMLS: RS17038791

    $1,650,000

    Price

  • Sep 10, 2017

    Date

    Price Change

    CRMLS: RS17038791

    $1,725,000

    Price

  • Sep 3, 2017

    Date

    Active

    CRMLS: RS17038791

    $1,750,000

    Price

  • Aug 30, 2017

    Date

    Price Change

    CRMLS: RS17038791

    $1,750,000

    Price

  • Jul 16, 2017

    Date

    Hold

    CRMLS: RS17038791

    $1,540,000

    Price

  • Jul 16, 2017

    Date

    Active

    CRMLS: RS17038791

    $1,540,000

    Price

  • Feb 25, 2017

    Date

    Hold

    CRMLS: RS17038791

    $1,540,000

    Price

  • Feb 25, 2017

    Date

    Active

    CRMLS: RS17038791

    $1,540,000

    Price

  • Listing provided courtesy of CRMLS

    **STANDARD SALE** Well maintained and permitted 5-unit apartment available in Koreatown, Los Angeles. 60% occupied and all tenants pay rent on time. Owned by non-profit organization. High income of over $4087+4000 (2 vacant units could be rented for 1500+2500) rental income per month. Rents are increased 3% per year. No deferred maintenance exists. Large size units. Easy to rent and easy to manage. Unit mix: 1x 2/1, 1x 2/1.5, 2x 3/1.5, 2x Studio. Each unit is separately metered for electricity. This property is a part of City of LA Rent Ordinance. And the LURA PROGRAM, Land use restriction program. 1 unit is non conforming. Total 6 units. BACK ON THE MARKET

  • April, 2018

  • Apr 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,265,000

    Price

  • November, 2017

  • Nov 1, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2017

  • Feb 19, 2017

    Date

    Expired

    CRMLS: RS16035429

    $1,540,000

    Price

  • May 20, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,540,000

    Price

  • May 13, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,575,000

    Price

  • Apr 30, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,625,000

    Price

  • Apr 6, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,640,000

    Price

  • Mar 23, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,650,000

    Price

  • Mar 5, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,675,000

    Price

  • Feb 20, 2016

    Date

    Price Change

    CRMLS: RS16035429

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    **STANDARD SALE** Well maintained and permitted 6 unit apartment available in Koreatown, 100% occupied. High income of over 7100. rental income per month. Rents are increased 3% a year. Unit mix. 1. 2/1 1. 2/1.50, 2 3/1.50 + two studios. Each unit has separate electric meter.

Show More

Tax History for 815 S New Hampshire Ave

Assessed Value (2020): $1,316,346
Year Land Value Improved Value Assessed Value
2020 $858,330 $458,016 $1,316,346

Home Value Compared to the Market

This property vs the competition

815 S New Hampshire Ave sold on June 28, 2022 for 85.84% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $343.64 per/sqft which puts the price per square foot 54.42% lower than the current median sale per square foot for the city of Los Angeles.

About 815 S New Hampshire Ave

Detailed summary of property

815 S New Hampshire Ave is a multi family that recently sold in Los Angeles, CA 90005. This multi family property offered 11 bedrooms, 8 bathrooms, roughly 6,111 living square feet, and sits on an approximately 7,507 square foot lot. 815 S New Hampshire Ave was first listed on ArdentRealEstateGroup.com on September 29, 2021. The homeowner sold the property for $1,900,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 85.84% higher than the current median priced home. Local homes that are currently for sale include 1215 Elden Ave, 946 S Kingsley Dr and 1144 S Kingsley Dr. While the average home in Los Angeles, CA is selling in 99 days, 815 S New Hampshire Ave has a days on market of 190 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 815 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 815 S New Hampshire Ave

Public county record property details
Beds
10
Baths
6
Year built
1922
Sq. Ft.
6,111
Lot Size
7,506
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5094-013-003

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.
$641
Median Sold Price
$699,000
Median Sold Price/Sq.Ft.
$692
Total Inventory
38
Median Sale to List Price %
82.33%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (40%)

Thinking of Selling?

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(714) 706-1823

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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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