6,551 Sqft Lot
6,551 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26206740
Construction Status Turnkey
HOA Y/N No
Year Built 2023
Lot Size 6,551 Sqft
Property Sub-Type Quadruplex
Property Description
Spanning an impressive 7,861 square feet across two modern buildings, the property features three spacious 3-bedroom residences and two massive 5-bedroom/5-bathroom residences. Each unit offers large, open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, private balconies, and modern finishes throughout. Eight on-site parking spaces conveniently accessed from the rear alley further enhance tenant appeal.
All units are separately metered for gas, electric, AND water, helping keep operating expenses exceptionally low and making this a truly turnkey, low-maintenance investment. Offered at $2,885,000, the property trades at just $367 per square foot and $577,000 per unit—an attractive basis for nearly 7,900 square feet of newer construction.
Ideally positioned near USC, Downtown LA, and Koreatown, residents enjoy convenient access to major employment, education, dining, and entertainment hubs, as well as the 10 and 110 freeways. With its strong current yield, oversized units, low operating expenses, and high-quality construction, 1629 S New Hampshire offers a rare opportunity to acquire a fully stabilized newer construction asset in central Los Angeles.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Interior Features Balcony, Open Floorplan, Recessed Lighting
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Fence New Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Landscaped, Level, Street Level
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction No
Construction Status Turnkey
Others
Senior Community No
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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