1233 N New Hampshire Avenue, Los Angeles, CA 90029

$1,450,000

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Sold Price
$1,450,000
List Price
$3,380,000
Closing Date
Jul 02, 2026
Status
CLOSED
MLS#
WS26035202
Year Built
1958
Lot Size
9,931
Acres
0.23
Lot Location
16-20 Units/Acre
Days on Market
114
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Positioned in the heart of East Hollywood, 1233 N New Hampshire Ave, Los Angeles presents a rare 16 unit value add investment opportunity in one of the city’s most dynamic and sought after multifamily submarkets. Built in 1958, the property offers a desirable unit mix of three studios (studio x 3), twelve one bedrooms (1 bed x 12), and one two bedroom (2 bed x 1), with the majority of units currently leased at below market rents, creating significant upside potential through strategic interior renovations and improved management. Amenities include 24 on site parking spaces and a convenient laundry facility, enhancing tenant appeal and long term stability. Ideally located near Fountain Avenue and just moments from Kaiser Permanente, Hollywood Presbyterian Medical Center, and Children’s Hospital Los Angeles, the property benefits from strong rental demand driven by proximity to major employment centers, public transit, and a vibrant mix of dining, shopping, and entertainment in Hollywood, Los Feliz, Silver Lake, Koreatown, and Downtown LA. This is an exceptional opportunity to acquire a well located asset with immediate income and compelling growth potential in the thriving Los Angeles rental market.

Additional Information

Other Buildings
Storage
Appliances
Gas Oven, Gas Range, Refrigerator
Pool Description
None
Heat
Natural Gas, Wall Furnace
Cooling
Yes
Cooling Description
Electric
View
City Lights, Neighborhood
Roof
Flat, Mixed, Tar/Gravel
Garage Spaces Total
24
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Laminate Counters, Storage, Tandem, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
16
Gross Scheduled Income
$210,000

Listing courtesy of Listing Agent: Edward Chen (eddy@excgroup.com) from Listing Office: Real Brokerage Technologies.

Listing sold by Edward Chen from Real Brokerage Technologies

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.