311 S New Hampshire Ave, Los Angeles, CA 90020

Building Details

Year Built

1989

Listing agent Jonathan Taksa

Listing office Remax Commercial and Investment Realty

Listing date Mar 5, 2026

Source Rochellemaize

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

311 S New Hampshire Avenue is a 16-unit apartment building built in 1989. The property includes eight one-bedroom, one-bath units and eight two-bedroom, two-bath units, supported by professional management. On-site amenities include secured subterranean parking and an on-site laundry facility.

The building is located in the Koreatown submarket of Los Angeles on a residential street, positioned just moments from the area’s dining, retail, and employment centers.

From a regulatory standpoint, the property benefits from an exemption to the City of Los Angeles Rent Stabilization Ordinance and is subject only to AB 1482, which can provide operational flexibility around rent management within that framework. The offering is presented with an investor-referenced 6.98 cap and 9.02 GRM, and the unit mix is designed to serve a broad range of households, from individuals to couples and families. Overall, it’s a newer-vintage multifamily asset with in-place income and on-site convenience features that can fit buyers or operators seeking a straightforward, manageable 16-unit structure.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.29309

Latitude

34.06859

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FAQs

What type of property is this?

Apartment building - Built in 1989 with an eight-and-eight unit mix, secured subterranean parking, and on-site laundry.

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: 16‑unit apartment building built in 1989 in the Koreatown submarket of Los Angeles; Unit mix: eight 1‑bedroom, 1‑bath units and eight 2‑bedroom, 2‑bath units; Exemption to the City of Los Angeles Rent Stabilization Ordinance; subject only to AB 1482