$ 1,750,000
-
$1,750,000
Price -
8
Bed -
8
Bath -
7,691
SqFt
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About the Listing X70818 - X14544
Offered at $1,750,000, this realistically priced 8-unit multifamily opportunity is located in the highly walkable Little Armenia/East Hollywood submarket, just steps from the Vermont/Santa Monica Metro B Line station. Built in 1926, the property showcases classic Spanish Revival architecture, vintage character, a period-appropriate exterior color palette, and professionally designed drought-tolerant landscaping. The unit mix includes six 1-bedroom/1-bath units, one 1-bedroom unit with bonus room, and one 2-bedroom unit. Three units are intentionally vacant at close of escrow, offering an owner-user or investor meaningful flexibility for renovation, lease-up, or other permitted business-plan strategies. All units feature hardwood floors, plaster walls, and plaster ceilings. Four units have modernized kitchens. Renovated units have achieved rents up to $2,350 per month, indicating potential continued rental upside as additional units become available and are improved, subject to applicable rent-control laws and regulations. Recent capital improvements include a substantial electrical-system upgrade from 200 amps to 400 amps, including replacement of tenant-unit electrical panels and the house-service panel. The property is separately metered for gas and electricity. Excellent transit and neighborhood access: Walk Score 93, Transit Score 71, and Bike Score 72. Conveniently positioned near restaurants, shopping, neighborhood services, and major Hollywood/East Hollywood employment and entertainment destinations.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
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- Below Ground Sq Ft: n/a
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Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LARD1.5
- Roof:
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
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Payment Calculator
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1125 N New Hampshire Ave Los Angeles, CA 90029
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