1334 N New Hampshire Ave, Los Angeles, CA 90027 (Active)
|Price reduced to $1,850,000.00. Excellent opportunity to purchase an investment property with a 4 plex and a front house within the East Hollywood submarket.
1334 N New Hampshire Ave has a walk score of 88. The Metro Red Line at the Vermont / Sunset Station is a 3 minute walk. The property is close to Kaiser Permanente, LA Children’s Hospital, Hollywood Presbyterian Medical Center, the Church of Scientology. restaurants, grocery stores, and banks. It is situated in one the hottest rental markets in Los Angeles. A perfect location for a builder or developer. Because the property is centrally located in a high demand rental area, this is a prime development site. And since the property is zoned R4, potentially up to 16 units can be built.
4 Plex and Front House
A great opportunity for multifamily real estate investing. The 4 plex has four 1 bedroom 1 bath studio apartments with separate kitchens. All the units have same square footage and layout. The 4 plex consist a total of 1.900 square feet. All units are fully occupied and will be delivered 100% occupied. The front house is the owner’s principal residence. So a buyer can live in it or rent it out. It has 5 bedrooms and 2 baths at 1,386 square feet. The front house shows 2 beds 1 bath on tax records. Buyers to do their due diligence and investigations.
The property is under the Rent Stabilization Ordinance of the City of Los Angeles. Offers are subject to interior inspection. Property to be sold in “As Is” condition. Please do not disturb occupants or tenants. Tenants are not aware of sale. For all questions, call or text at (714) 350-9015.