Koreatown Multifamily Investment
311 S New Hampshire Ave, Los Angeles, CA 90020
MULTI_FAMILY - Los Angeles, CA
Property size:
11,792 SFLot size:
0.21 AcresPrice / SF:
$332/SF- Added:
- Mar 5, 2026
- Days on Market:
- 68
- Last Refresh:
- May 12 at 1:06 am
Property Features for 311 S New Hampshire Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAC2
- Bedrooms
- 24
- Bathrooms
- 24
- Rooms
- Bedroom 10, Bedroom 5, Bathroom 8, Bathroom 17, Bedroom 20, Bedroom 9, Bathroom 16, Bedroom 19, Bathroom 6, Bathroom 15, Bedroom 11, Bedroom 24, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 10, Bathroom 20, Bedroom 3, Bedroom 14, Bedroom 16, Bedroom 22, Bathroom 24, Bathroom 1, Bathroom 19, Bathroom 21, Bathroom 18, Bedroom 23, Bedroom 17, Bathroom 22, Bathroom 13, Bathroom 7, Bathroom 9, Bedroom 21, Bathroom 4, Bathroom 12, Bedroom 12, Bedroom 15, Bathroom 5, Bathroom 14, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 18, Bedroom 2, Bathroom 11, Bathroom 23, Bedroom 7, Bedroom 13
- Parking
- 24
- Parking features
- Assigned, Gated
- Standard status
- Active
- APN
- 5502-007-014
- Size
- 11,792 SF
- Lot size
- 0.21 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1989
- Floors in Building
- 2
- Number of units
- 16
Listing agent Jonathan Taksa License #01366169 (310) 968-5303
Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA (213) 817-1000
Listing date Mar 5, 2026
MLS# 26660495
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Exempt from City of Los Angeles Rent Stabilization Ordinance, subject only to AB 1482, allowing for continued rent growth.
- Located in the heart of Koreatown, close to dining, retail, and employment centers.
- Built in 1989, a newer‑vintage multifamily asset in a supply‑constrained market.
- 16‑unit building with a desirable unit mix of eight 1‑bed/1‑bath and eight 2‑bed/2‑bath units.
- Features secured subterranean parking and an on‑site laundry facility.
- Opportunity to increase cash flow and long‑term asset value through strategic management and interior upgrades.
Overview
Located in the Koreatown submarket of Los Angeles, 311 S New Hampshire Avenue is a 16-unit apartment building constructed in 1989. The property is exempt from the City of Los Angeles Rent Stabilization Ordinance, subject only to AB 1482. The unit mix consists of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. The property has been professionally managed and includes secured subterranean parking and an on-site laundry facility. Situated on a residential street, the property is near Koreatown's dining, retail, and employment centers. The property offers the potential to increase cash flow and long-term asset value through strategic management and interior upgrades. The property is located in one of Los Angeles' strongest rental markets. The lot size is 0.207 acres and the property size is 11792 square feet. The zoning is LAC2.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.293295
- Latitude
- 34.068633
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 16-unit apartment building in Koreatown with rental upside potential.
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 continued rent growth.; Located in the heart of Koreatown, close to dining, retail, and employment centers.; Built in 1989, a newer‑vintage multifamily asset in a supply‑constrained market.
