Search
Two Adjacent Income Apartment Buildings
For Sale
$2,334,000

968 S New Hampshire Ave, Los Angeles, CA 90006

Two concurrent multifamily properties totaling 11 units on an R4-zoned lot with covered parking and driveway tandem spaces.

Days on Market94

Property Features for 968 S New Hampshire Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1964
Listing Agency: Keller Williams Los Feliz
Listed By: Johnny Cho · License #01394690
Source: Elliman
Added: Apr 29 Changed: Jul 21 Last Checked: Jul 22 at 7:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Los Feliz

Investment Insights

Based on property information with market context.

This offering includes two adjacent income apartment properties sold concurrently. The first property features one spacious 3-bedroom, 2-bath unit and four 2-bedroom, 1-bath units, along with six covered side-by-side parking spaces in the rear. The second property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with six covered side-by-side parking spaces in the rear plus three tandem parking spaces in the driveway.

The combined land is described as an R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. Walk and transit scores are listed as very high, with bikeability also noted.

With 11 units total across both properties, this is a multifamily purchase that also presents an R4-zoned development site consideration based on the information provided.

Key Highlights

  • Two adjacent multifamily properties totaling 11 units on a combined 11,787 SF R4‑zoned lot
  • 964: One 3 bed + 2 bath unit plus four 2 bed + 1 bath units
  • 968: Five 2 bed + 1 bath units plus one 1 bed + 1 bath unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Buffet Veterinary Clinic Carpet & Flooring Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,430
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two concurrent multifamily properties totaling 11 units on an R4-zoned lot with covered parking and driveway tandem spaces.
Where is this apartment building located?
The property is located at 968 S New Hampshire Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,334,000.
What are key features of this property?
This property features: Two adjacent multifamily properties totaling 11 units on a combined 11,787 SF R4‑zoned lot; 964: One 3 bed + 2 bath unit plus four 2 bed + 1 bath units; 968: Five 2 bed + 1 bath units plus one 1 bed + 1 bath unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message