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964 S New Hampshire Ave, Los Angeles, CA, 90006

11beds
6baths
3,999sqft
$1,556,000
$389price/sqft
$9,945/moest. monthly cost
$397,800/yrincome needed

About This Home

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.

Getting Around

96
WalkingWalker's Paradise
74
TransitExcellent Transit
67
BikeBikeable

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 6

Heating & Cooling

  • Heating features: Wall Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,999
  • Total interior livable area: 3,999 sqft

Property

Details

  • Parcel number: 5078009017
  • Zoning: LAR4
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Two

Lot

  • Lot size: 5,889 sqft

Parking

  • Total spaces: 6
  • Parking features: Covered,Assigned