Address
1433 S New Hampshire Avenue Los Angeles, CA
Price
$ 1,200,000
Property Attributes
  • MLS#SB20230919
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90006
  • Style
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4277
  • Lot Size6,290 SqFt
Listing Provided Courtesy Of:
Kelly Giery with Lyon Stahl Investment Real Estate, Inc..
Property Description

6 unit value-add building in the Pico-Union area of Los Angeles. This property has a fantastic unit mix consisting of (1) 3-Bed/2-Bath unit, (1) 2-Bed/1-Bath unit, and (4) 1-Bed/1-Bath units. The property has 6 parking garages that are conveniently located for tenants. The mandatory retrofit has been completed on the garages. The property is being delivered at a 4.19% Cap and a 13.89 GRM on current rents with upside potential of a Market 8.46% Cap and 8.62 GRM. This property is surrounded by new development and is the perfect asset for a value-add investor.

Price History
11/2/2020 Listed $1,200,000

General Features

Attached Structure Detached
Co-Listing Agent Last Name Cameron
Co-Listing Agent Last Name Samimi
Co-Listing Agent State License # 02035763
Co-listing Agent Cameron Samimi - BRE#02035763
Community Features Curbs, Sidewalks, Street Lights
Directions North of Venice Blvd. West of Vermont
Garage Spaces 6.00
Listagentaor South Bay
Listing Agent Kelly Giery - BRE#02097805
Listing Agent State License 02097805
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 280.57
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 6
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 4277.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.1444
Lot Size Area 6289.0000
Lot Size Source Assessor
Lot Size Square Feet 6289.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 6
Total Parking 6.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $800K
$1.2M
Visits
AVG 49
20
Year Built
AVG 1946
1959

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