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1409 S New Hampshire Ave - Turnkey Duplex - 1409 S New Hampshire 2 Unit Apartment Building Offered at $1,220,000 Los Angeles, CA 90006



Investment Highlights
- Newly Renovated
- High Demand Central LA Location
- High Income Rental Property
Executive Summary
Centrally located near the southwest corner of Vermont Ave & Pico Blvd, this turn-key, ready-to-go duplex presents a prime real estate opportunity for investors seeking passive income in one of Los Angeles’ most well-connected neighborhoods. Just minutes to Downtown LA, USC Campus, and Koreatown with easy access to major routes, public transit, dining, and retail, the property will be delivered fully vacant—allowing the new owner to start strong by placing tenants at current market rents immediately.
Front unit (3BR/2BA) features an open floor plan, hardwood flooring, spacious living area, modern kitchen with matching stainless-steel appliances, granite countertops, dual sinks, contemporary cabinetry, and a breakfast bar, plus updated baths and a dedicated laundry room with backyard access. Rear unit (1BR/1BA + den) offers laminate wood flooring, a kitchen with quartz countertops and dual sinks, and a flexible den for office/guest/entertaining. A paved driveway and concrete backyard provide parking for multiple vehicles, with rear alley access for added convenience—an ideal, low-hassle investment opportunity in a high-demand central LA location.
Front unit (3BR/2BA) features an open floor plan, hardwood flooring, spacious living area, modern kitchen with matching stainless-steel appliances, granite countertops, dual sinks, contemporary cabinetry, and a breakfast bar, plus updated baths and a dedicated laundry room with backyard access. Rear unit (1BR/1BA + den) offers laminate wood flooring, a kitchen with quartz countertops and dual sinks, and a flexible den for office/guest/entertaining. A paved driveway and concrete backyard provide parking for multiple vehicles, with rear alley access for added convenience—an ideal, low-hassle investment opportunity in a high-demand central LA location.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,220,000 | Property Type | Multifamily |
| Price Per Unit | $610,000 | Building Size | 1,981 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1905 |
| Zoning | LARD1.5 | ||
| Price | $1,220,000 |
| Price Per Unit | $610,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,981 SF |
| No. Stories | 1 |
| Year Built | 1905 |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Quartz Countertops
Site Amenities
- Fenced Lot
- Gated
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (70)
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B & B Investment Properties
1409 S New Hampshire Ave - Turnkey Duplex - 1409 S New Hampshire
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