964 S New Hampshire Ave
Property Description
Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently.
Broker Details
Keller Williams Los Feliz (323) 300-1000
MLS ID: X60748 State License Number: 01394690
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,556,000 |
| No. of Units: | 5 |
| Year Built: | 1964 |
| Lot Size: | 3,999.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $311,200 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 6 |
ID: 3yd-CLAWCA-26843493
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1520 Leavenworth Street
San Francisco, California
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout