Koreatown Multifamily Investment
For Sale
Contact for pricing
311 S New Hampshire Ave, Los Angeles, CA 90020
Well-maintained 16-unit apartment building in prime Koreatown location.
Property Size11,792 SF
Price / SF$332.85
Days on Market160
Property Features for 311 S New Hampshire Ave
General Information
Standard status
Active
Size
11,792 SF
Property subtype
Multifamily
Occupancy
94%
Building Details
Year Built
1989
Buildings
1
Stories
2
Units
16
Listing Agency:
Taksa Investment Group
(213) 817-1000
Listed By:
Jonathan Taksa · License ## 01366169
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:38AM
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 Taksa Investment Group
Investment Insights
Based on property information with market context.
Located in the Koreatown submarket of Los Angeles, 311 S New Hampshire Avenue presents an opportunity to acquire a 16-unit apartment building. Constructed in 1989, the property is exempt from the City of Los Angeles Rent Stabilization Ordinance, but is subject to AB 1482. The unit mix consists of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. The property features secured subterranean parking and an on-site laundry facility. The building is situated near Koreatown’s dining, retail, and employment centers. The property has been professionally managed and offers potential for increased cash flow and long-term asset value through strategic management and interior upgrades. The property is positioned as a long-term investment in one of Los Angeles’ rental markets. The property size is 11792 square feet.
Key Highlights
- Exempt from City of Los Angeles Rent Stabilization Ordinance (subject only to AB 1482), allowing for rental upside.
- Located in the heart of Koreatown, near dining, retail, and employment centers.
- Well‑maintained 16‑unit apartment building built in 1989.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 90020, CA
38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 16-unit apartment building in prime Koreatown location.
Where is this apartment building located?
The property is located at 311 S New Hampshire Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Exempt from City of Los Angeles Rent Stabilization Ordinance (subject only to AB 1482), allowing for rental upside.; Located in the heart of Koreatown, near dining, retail, and employment centers.; Well‑maintained 16‑unit apartment building built in 1989.
