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756 S New Hampshire Ave
Los Angeles, CA 90005
A 1987 Built 14-Unit Property in Koreatown · Multifamily Property For Sale
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14 Units
Investment Highlights
- Not Subject to City of Los Angeles Rent Control, Only Subject to AB 1482 State Rent Control Which Allows 5% + CPI Annual Rent Increases
- Offered at $242,857 Per Unit, the Lowest Price for Any Non-Rent Controlled Multi-Family Property Currently for Sale in Koreatown
- Located in the Heart of Koreatown. With a Walk Score of 96 - Residents Enjoy Convenient Access to Employment Centers, Retail, Restaurants & Nightlife
- Located in a Designated Opportunity Zone and May be Eligible for Preferential Tax Treatment
- Residents are Within a Short Walk or Uber to Popular Local Amenities Such as The LINE Hotel, Chapman Plaza, City Center on 6th & Other Local Favorites
- Family Owned and Operated for the last 13 Years
Property Facts
| No. Units | 14 | Building Size | 7,502 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R4 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,502 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 13 | - | 525 |
Property Taxes
| Parcel Number | 5094-011-010 | Improvements Assessment | $614,960 |
| Land Assessment | $1,434,914 | Total Assessment | $2,049,874 |
Property Taxes
Parcel Number
5094-011-010
Land Assessment
$1,434,914
Improvements Assessment
$614,960
Total Assessment
$2,049,874
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