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1212 N New Hampshire Ave 12 Unit Apartment Building $2,200,000 ($183,333/Unit) 5.63% Cap Rate Los Angeles, CA 90029
Investment Highlights
- Great East Hollywood Location - Silver Lake Adjacent
- Soft-Story Retrofit Completed in 2019
- On-Site Parking Available - Excellent Opportunity to Convert into Multiple ADUs
- Solid Unit Mix - Eleven (11) One-Bedroom Units and One (1) Studio Unit
- Solid Rental Upside Potential (+25%)
Executive Summary
Marcus & Millichap is pleased to present a multifamily building consisting of twelve (12) units located at 1212 N New Hampshire Ave in Los Angeles, California. The subject property is located in a great East Hollywood location, just north of Santa Monica Blvd and west of Vermont Ave.
Located in a prime East Hollywood location adjacent to Silver Lake, this multifamily building consists of 12 units and offers a solid mix of eleven one-bedroom and one two-bedroom unit. The property features on-site parking with potential for multiple ADU conversions and a completed 2019 soft-story retrofit. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail, entertainment, healthcare, and Los Angeles City College, placing everyday amenities and nearby popular destinations easily within reach across central Los Angeles.
1212 N New Hampshire Ave presents a compelling value-add opportunity through approximately 25% rental upside and significant ADU conversion potential in a highly desirable East Hollywood location.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/1212-n-new-hampshire-ave
*****PLEASE NOTE: This property is being sold with 1211 N New Hampshire Ave, APN: 5540-018-016. These can be purchased as a portfolio or separately.
Located in a prime East Hollywood location adjacent to Silver Lake, this multifamily building consists of 12 units and offers a solid mix of eleven one-bedroom and one two-bedroom unit. The property features on-site parking with potential for multiple ADU conversions and a completed 2019 soft-story retrofit. Residents benefit from convenient access to the 101 Freeway, Metro B Line, Sunset Junction, major commercial corridors, neighborhood parks, restaurants, coffee shops, retail, entertainment, healthcare, and Los Angeles City College, placing everyday amenities and nearby popular destinations easily within reach across central Los Angeles.
1212 N New Hampshire Ave presents a compelling value-add opportunity through approximately 25% rental upside and significant ADU conversion potential in a highly desirable East Hollywood location.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/1212-n-new-hampshire-ave
*****PLEASE NOTE: This property is being sold with 1211 N New Hampshire Ave, APN: 5540-018-016. These can be purchased as a portfolio or separately.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $183,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.63% | Building Size | 8,581 SF |
| Gross Rent Multiplier | 10.29 | No. Stories | 2 |
| No. Units | 12 | Year Built | 1955 |
| Property Type | Multifamily | Parking Ratio | 1.4/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAR3 | ||
| Price | $2,200,000 |
| Price Per Unit | $183,333 |
| Sale Type | Investment |
| Cap Rate | 5.63% |
| Gross Rent Multiplier | 10.29 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,581 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.4/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 700 |
| 2+1 | 1 | - | 881 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5540-018-017 | Improvements Assessment | $564,367 (2026) |
| Land Assessment | $211,630 (2026) | Total Assessment | $775,997 (2026) |
Property Taxes
Parcel Number
5540-018-017
Land Assessment
$211,630 (2026)
Improvements Assessment
$564,367 (2026)
Total Assessment
$775,997 (2026)
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