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252 S New Hampshire Avenue
USD 4,495,000
Property ID: 24371579
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252 S New Hampshire Avenue ,90004
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icon 15004 SqFt
icon Built in 1955
icon USD 300/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
11176
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1955
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Detailed Introduction Of This Home
252 S New Hampshire Ave represents an opportunity to purchase a largely renovated and repositioned asset in the heart of Koreatown. Twelve of the nineteen units have been upgraded with modern features and amenities, leaving approximately 30% upside in rental income. The buyer may also capture additional upside by maximizing operational efficiencies with the implementation RUBS, charging for parking, and the possibility of adding ADU(s). The nineteen-unit courtyard-style walkup sits on a large 15,000 sq.ft. double lot just north of 3rd Street. The unit mix of (18) one-bedrooms and (1) studio is a great mix for this location and commensurate with the Koreatown tenant base that has a median age of 30. There are approximately 19 parking spaces, consisting of 10 tuck-under spaces and 9 uncovered spaces in the front lot. The unit interiors have been upgraded with efficient stainless-steel appliances; five-burner gas range; hardwood-style flooring; A/C; dishwasher; wood-style blinds; quartz countertops; duel-paned windows; and new bathroom vanities and tubs. The common area amenities include a beautifully landscaped courtyard and laundry room. The building is separately metered for both electric and gas utilities. Additionally, the building has new exterior paint, upgraded electrical systems, predominantly upgraded copper plumbing, and new asphalt slurry.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (16)
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252 S New Hampshire Avenue
USD 4,495,000 0 Beds
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