$3,925,000
-$225,000311 S New Hampshire Avenue, Los Angeles CA 90020
Multi-Family (16 Units)
Property type
92 days
On market
$333
Price per sqft
N/A
Garage
1989
Year built
9,018 sqft
Lot size
Home highlights
Open Houses
Overview
HUGE PRICE REDUCTION: NOW 6.98 CAP and 9.02 GRM!!!! We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles' dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational...
Listing provided by: Jonathan Taksa DRE #01366169 424-672-8220, Remax Commercial and Investment Realty
Listing updated: Jun 4, 2026 at 05:12am.
Last checked: Jun 4, 2026 at 05:30am
Source: CRMLS #26660495
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | — | $2,382 | $19,055 | $20,600 | Unfurnished |
| 8 | 1 | 1 | — | $1,658 | $13,263 | $15,960 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
10.1x
List Price / Annual Gross Rent
Cap Rate
6.98%
NOI / List Price
Net Operating Income: $274,100
Interior
Cooling: Central Air
Heating: Central
Exterior
Stories Total: 2
Levels: One
Garage and Parking
Parking: Assigned, Gated
Parking Total: 24
Lot Information
Land Lease: No
Parcel #: 5502007014
Additional Parcels: No
Zoning: LAC2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 311 S New Hampshire Avenue, Los Angeles, CA 90020. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,140,000
Total Interest
$4,004,897
Total Payment
$7,144,897
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,085
per month
Property History for 311 S New Hampshire Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90020.
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