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Value-Add Residential Development Triplex

1511 S New Hampshire Ave Los Angeles, CA 90006

1511 S New Hampshire Ave, Los Angeles, CA, 90006
$1,185,000
For Sale
$1,185,000

Vacant triplex on a cleared lot with fully approved RTI plans for a permitted 4-unit project.

Lot Size0.14 Acres
Days on Market115

Property Features for 1511 S New Hampshire Ave

General Information

Standard status
Active
Lot size
0.14 Acres
Property subtype
Lots/Land
Listing agency Sync Brokerage
Listed by Rana Khanjani · License #02021891
Source Exitrealty
Added: Mar 31 Updated: Jul 22 at 7:26PM Checked: Jul 23 at 6:05AM

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 Sync Brokerage


Investment Insights

Based on property information with market context.

A vacant triplex sits on a 6,288 SF lot and is being delivered cleared. The property comes with fully approved RTI plans and paid permits, described as shovel-ready and ready to build immediately. The approved project contemplates a 4-unit configuration with a unit mix of two 5-bedroom plus office, five-bath units and two 4-bedroom, five-bath units. The plans also call for private 2-car garages and en-suite bathrooms for each unit. Gross building area is stated as 8,202 SF with rentable area of 7,821 SF, and the offering notes that renderings may not fully reflect final plans.

The property is positioned in the Pico-Union / Koreatown corridor, with access noted to Downtown LA, USC, and major freeways I-10 and I-110. Contact the listing agent for additional details regarding the approved plans and next steps.

Key Highlights

  • Vacant triplex on a 6,288 SF lot
  • RTI SB8 cleared with permits paid and project described as shovel‑ready
  • Fully approved RTI plans for a permitted 4‑unit project ready to build immediately

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Buffet Veterinary Clinic Supermarket (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Vacant triplex on a cleared lot with fully approved RTI plans for a permitted 4-unit project.
Where is this triplex located?
The property is located at 1511 S New Hampshire Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Vacant triplex on a 6,288 SF lot; RTI SB8 cleared with permits paid and project described as shovel‑ready; Fully approved RTI plans for a permitted 4‑unit project ready to build immediately
Contact an agent
More about this property
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