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5-Unit Apartment Building
New
For Sale
$2,885,000

1629 S New Hampshire AVE, Los Angeles, CA 90006

Residents have central HVAC, in-unit laundry, and private balconies.

Property Size7,861 SF
Price / SF$367
Days on Market4

Property Features for 1629 S New Hampshire AVE

General Information

Standard status Active
Size 7,861 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY
Occupancy 100%

Financials

Asking Price $2,885,000
Cap Rate 6.29%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 3 x 3BR, 2 x 5BR/5BA
Multifamily Units 5

Amenities

private balconies
in-unit laundry
central HVAC

Building Details

Building Size 7,861 SF
Year Built 2023
Buildings 2
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Source: Benbelack
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 24 at 11:06AM

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 Myunits.com Inc.

Investment Insights

Based on property information with market context.

Completed in 2023, this Los Angeles apartment property comprises two buildings totaling 7,861 square feet. Its five residences include three 3-bedroom units and two 5-bedroom, 5-bathroom units. Interior features include open layouts, kitchens and bathrooms with modern finishes, central HVAC, in-unit laundry, and private balconies. Eight parking spaces are accessed from the rear alley. Gas, electricity, and water are separately metered for each residence. The property is non-rent-controlled and fully leased at market rents, with a 6.29% cap rate.

The property is near USC, Downtown LA, and Koreatown, with access to the 10 and 110 freeways.

Key Highlights

  • Five residences across two buildings, totaling 7,861 square feet
  • Built in 2023; non‑rent‑controlled and fully leased at market rents
  • Unit mix includes three 3‑bedroom homes and two 5‑bedroom/5‑bathroom homes

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store HVAC Service

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

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,520
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have central HVAC, in-unit laundry, and private balconies.
Where is this apartment building located?
The property is located at 1629 S New Hampshire AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,885,000.
What are key features of this property?
This property features: Five residences across two buildings, totaling 7,861 square feet; Built in 2023; non‑rent‑controlled and fully leased at market rents; Unit mix includes three 3‑bedroom homes and two 5‑bedroom/5‑bathroom homes
More about this property
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