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747 S New Hampshire Avenue, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:CENTURY 21 Classic Estates
747 S New Hampshire Avenue,Los Angeles, CA 90005
$3,200,000
  • - Beds
  • 24 Baths
  • 14,188 sq. ft.
  • Multi-family
  • Active
Listed by: demis dokhanian
Office: jnm realty, inc.310-746-5923
MLS#:26993065
Source:CRMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$225.54

About this home

747 S New Hampshire Ave is a twenty-four (24) unit apartment property consisting entirely of spacious Studio units averaging approximately 550 square feet. The property is located in the heart of Koreatown, less than 0.5 miles and a 10-minute walk from the Wilshire/Vermont Metro Station. During the current owner's 10+ year tenure, the property has been well maintained and improved. Renovated units feature copper plumbing, upgraded electrical, stainless steel appliances, new flooring, and updated kitchens. The property was re-stuccoed in 2013, all windows were replaced in 2018, and over $30,000 was spent on roof upgrades and maintenance in 2026.The investment offers an astounding 7.12% going-in cap rate and a low $133k/unit entry price point with 46.35% upside potential in the twelve (12) non-renovated units. With the proper financing, an investor can achieve a 9.20% cash-on-cash return with potential upside to an 8.71% cap rate and 13.73% cash-on-cash return. JNM Realty manages 3,500...

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Home facts

  • Year built:1921
  • Listing ID #:26993065
  • Added:26 day(s) ago
  • Updated:October 25, 2026 at 10:54 AM

Rooms and interior

  • Total bathrooms:24
  • Living area:14,188 sq. ft.

Structure and exterior

  • Year built:1921
  • Building area:14,188 sq. ft.
  • Lot area:0.26 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$225.54
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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