Small Apartment Building with Four
For Sale
Contact for pricing
211 N New Hampshire Ave, Los Angeles, CA 90004
Four 2-bedroom, 1-bath apartment units, with one unit to be delivered vacant upon sale.
Property SizeContact for details
Days on Market122
Property Features for 211 N New Hampshire Ave
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
LAR3-1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
KW Commercial Calabasas
(818) 915-9118
Listed By:
Anie Mayelian · License #CA 00778825
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 11:43PM
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 KW Commercial Calabasas
Investment Insights
Based on property information with market context.
This small apartment building consists of four 2-bedroom, 1-bath units. The offering is positioned as a value-add opportunity, with actual rents noted as 140% below market rents, and the property described as currently under-performing. One unit is expected to be delivered vacant, supporting an immediate ability to implement interior renovations and re-leasing.
The property is located 1 block from the Beverly/Vermont Subway station, with convenient access to major thoroughfares, freeways, and shopping. The remarks also indicate proximity to Downtown, Hollywood, and Mid City.
Per the provided information, the property is zoned LAR3-1 and is within Transit Oriented Communities (TOC) Tier 4 eligibility. The memorandum notes the potential to develop up to 18 units, subject to the stated height limitation of 78 ft, and indicates no minimum parking requirement when using TOC Tier 4. See the land offering memorandum for additional details.
The property is located 1 block from the Beverly/Vermont Subway station, with convenient access to major thoroughfares, freeways, and shopping. The remarks also indicate proximity to Downtown, Hollywood, and Mid City.
Per the provided information, the property is zoned LAR3-1 and is within Transit Oriented Communities (TOC) Tier 4 eligibility. The memorandum notes the potential to develop up to 18 units, subject to the stated height limitation of 78 ft, and indicates no minimum parking requirement when using TOC Tier 4. See the land offering memorandum for additional details.
Key Highlights
- Four 2‑bedroom, 1‑bath apartment units; one unit will be delivered vacant upon sale
- Actual rents are reported at 140% below market rents; value‑add repositioning described
- Pro forma rent projection of $120,000 per year after renovation/re‑positioning
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four 2-bedroom, 1-bath apartment units, with one unit to be delivered vacant upon sale.
Where is this apartment building located?
The property is located at 211 N New Hampshire Ave Los Angeles, CA.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath apartment units; one unit will be delivered vacant upon sale; Actual rents are reported at 140% below market rents; value‑add repositioning described; Pro forma rent projection of $120,000 per year after renovation/re‑positioning
