4-Unit Quadplex with
1731 S New Hampshire AVE, Los Angeles, CA 90006
For Sale
$2,390,000
Four spacious residences are fully leased, with separate utility metering and on-site parking.
Property Size5,835 SF
Price / SF$402.70
Days on Market49
Property Features for 1731 S New Hampshire AVE
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Utilities to Site
Units
Unit Mix
Multifamily Units
Parking per Unit
Amenities
private balconies
in-unit washers and dryers
central HVAC
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Myunits.com Inc.
Listed By:
Cheyenne Womack · License #02064825
(805) 973-7470
Source:
Rochellemaize
Added: Sep 22
Changed: Nov 1
Last Checked: Nov 8 at 3:46PM
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.
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Investment Insights
Based on property information with market context.
Completed in 2023, this four-unit property comprises two buildings totaling 5,935 square feet. Each residence has four bedrooms and averages nearly 1,500 square feet, with open layouts, contemporary kitchens and baths, central HVAC, in-unit laundry, private balconies, and modern finishes. Gas, electricity, and water are separately metered. The site includes eight parking spaces: six beneath carports and two outdoors. The property is fully leased and reports a 6.06% cap rate.
In Pico-Union, the property is minutes from USC, Koreatown, and Downtown Los Angeles.
In Pico-Union, the property is minutes from USC, Koreatown, and Downtown Los Angeles.
Key Highlights
- Four 4‑bedroom residences across two buildings; 5,935 square feet total
- Built in 2023; units average nearly 1,500 square feet
- Fully leased; reported 6.06% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,646
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,920
$2.1M
Cap Rate 7%
$1,480,657
$1.5M
Cap Rate 9%
$1,151,622
$1.2M
Market Conditions
NOI Build-Up for 5,935 SF
Gross rent
$160.2K $27.00/SF
− Vacancy
−$12.2K −$2.05/SF
EGI
$148.1K $24.95/SF
− OpEx
−$44.4K −$7.48/SF
NOI
$103.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,920
Cap Rate 7%
$1,480,657
Cap Rate 9%
$1,151,622
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.30M – $1.73M
NOI $103,646 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,499 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,455 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,491
Businesses Nearby
Explore this area
Business Placement
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
$841,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four spacious residences are fully leased, with separate utility metering and on-site parking.
Where is this quadplex located?
The property is located at 1731 S New Hampshire AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Four 4‑bedroom residences across two buildings; 5,935 square feet total; Built in 2023; units average nearly 1,500 square feet; Fully leased; reported 6.06% cap rate
