New

$4,150,000

For Sale

12 hours ago

311 S New Hampshire Ave, Los Angeles, CA

Name: 311 S New Hampshire Ave, For Sale in Los Angeles - eXp Realty
Brand: Remax Commercial and Investment Realty
SKU: 26660495
Price: 4150000 USD

MLS® 26660495

24 Bed

24 Bath

11792 sqft

24 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 11792 sqft

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1989

Avg. Price Per Sqft $351

MLS® Number 26660495

Property Address: 311 S New Hampshire Ave, Los Angeles, CA, 90020-1834

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles' dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational flexibility and the ability to capture substantial rental upside. The property is subject only to AB 1482, allowing for continued rent growth aligned with market performance. Situated on a desirable residential street just moments from Koreatown's premier dining, retail, and employment centers, 311 S New Hampshire Avenue offers an exceptional unit mix consisting of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. This balanced configuration appeals to a broad tenant base, including young professionals, couples, and families seeking quality housing in one of Los Angeles' most vibrant urban neighborhoods. The property has been professionally managed and features desirable amenities including secured subterranean parking and an on-site laundry facility, enhancing tenant convenience while providing additional income potential. With strong in-place income and meaningful rental upside potential, investors are presented with the opportunity to increase cash flow and long-term asset value through strategic management and interior upgrades. 311 S New Hampshire Avenue represents a rare opportunity to acquire a newer-vintage multifamily asset in Koreatown, one of Los Angeles' strongest and most supply-constrained rental markets. The combination of its favorable vintage, ideal unit mix, prime location, and upside potential positions the property as an exceptional long-term investment.

MLS® Number26660495

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1989

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 5, 2026List Date

$4,150,000List Price

Commute

Commute

Starting Address

Destination Address

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