11503 S New Hampshire Ave

Los Angeles, CA 90044

PRICE REDUCED

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-$350,000 (-5.38%)

$6,150,000

List Price

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2024

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Property Description

Welcome to this stunning newly built 10-unit apartment building within the highly sought-after Athens neighborhood of Los Angeles. Here's your opportunity to own a brand-new investment property with high-end, first-class finishes. The property spans a total of 12,558 net rentable square feet, comprising three separate buildings situated on an 8,457 square foot lot. The unit mix includes 6 three-bedroom/three-bath units, 2 two-bedroom/one-bath units, and 2 one-bedroom/one-bath units, all designed to accommodate Section 8 tenants. First-floor parking and each individual unit also has its own laundry facilities and comes equipped with a washer, dryer, and refrigerator, ensuring a hassle-free move-in experience. The property enjoys a prime location, less than a 10-minute walk from the Vermont/Athens Metro Stop. Situated southwest of Imperial Highway and Vermont Avenue with easy access to the 105 and 110 Freeways, tenants can quickly reach California’s famous beaches and Los Angeles Southwest College is less than a mile away, making it convenient for both students and staff. Don't miss out on this incredible investment or 1031 Exchange opportunity!

Listing Information

List Price $6,150,000
Status Active
MLS OC24100749
HOA $0
Type Residential Income
Subtype Apartment
Year Built 2024
Lot Size 8,457
Structure Size N/A
DOM 98
Courtesy Of eXp Realty of Southern California, Inc
Listing Agent Kathi Jesse DRE#01140971

Interior Features

Laundry Information
Location(s) See Remarks
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Exterior Information

Maps

Listing information courtesy of: Kathi Jesse, eXp Realty of Southern California, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 5th, 2024 at 3:00 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.