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11830 S New Hampshire Avenue

Los Angeles, CA 90044

$1,100,000

| 3,319 sq. ft.

Status: Active Area: C36 - Metropolitan Southwest

Year Built: 1956 MLS#: 25530311

Description

11830 S New Hampshire Ave is a fully renovated 3-unit non-RSO property in one of Los Angeles' fastest-growing neighborhoods with ADU opportunity! It boasts strong income potential with a 5.50% current CAP rate and incredible upside, offering a 58% rental upside, a 8.6% market CAP rate, and a 10.35 market GRM. The front unit is a freestanding four- bedroom with two-full bathrooms. The back duplex consists of (2) two bedroom, 1-bath units. Recent renovations include fresh paint, all new renovated bathrooms and two new renovated kitchens, and astro turf lawns. It has the added potential to increase equity through ADU development. Located in a booming submarket, 11830 S New Hampshire Ave is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation.

Features

Appliances: Dishwasher

Heating: N/A

Cooling: None

Structure Type: Other

Association Amenities: N/A

Price/sqft: $331

Parking Spaces: 8

Total Floors: 2

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.