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16-Unit Apartment Building
New
For Sale
$3,795,000

311 S New Hampshire Ave, Los Angeles, CA 90020

Residential Income, Los Angeles, CA

Property Size11,792 SF
Lot Size0.21 Acres
Price / SF$321.83
Days on Market4

Property Features for 311 S New Hampshire Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Bedrooms 24
Bathrooms 24
Full bathrooms 3
Rooms Bedroom 12, Bathroom 6, Bedroom 3, Bedroom 2, Bathroom 18, Bathroom 19, Bathroom 20, Bedroom 13, Bedroom 17, Bedroom 18, Bathroom 15, Bedroom 14, Bathroom 8, Bedroom 21, Bathroom 14, Bedroom 4, Bathroom 11, Bathroom 23, Bedroom 8, Bathroom 24, Bedroom 22, Bathroom 9, Bedroom 19, Bathroom 7, Bathroom 12, Bathroom 2, Bathroom 16, Bathroom 5, Bathroom 4, Bedroom 6, Bedroom 11, Bedroom 5, Bathroom 3, Bedroom 16, Bedroom 10, Bathroom 10, Bathroom 1, Bathroom 21, Bathroom 22, Bedroom 9, Bedroom 7, Bedroom 15, Bedroom 20, Bedroom 24, Bathroom 13, Bedroom 1, Bedroom 23, Bathroom 17
Parking 24
Parking features Gated, Covered
Directions Just south of the corner of 3rd St. and New Hampshire Ave.
Subdivision Mid-Wilshire
Standard status Active
APN 5502-007-014
Size 11,792 SF
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, gas

Amenities

secured gated access with intercom system
laundry room
Chargie EV chargers

Building Details

Year built 1989
Floors in Building 3
Number of units 16
Buildings 1
Listing Agency: Equity Union
Listed By: Josh Kaplan · License #01934177
Added: Nov 2 Changed: Nov 3 Last Checked: Nov 5 at 7:06AM
MLS# 26106043

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.

Rey
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Investment Insights

Based on property information with market context.

This Los Angeles multifamily property contains 16 apartments in an 11,792-square-foot building on a 9,015-square-foot LAC2-zoned lot. The unit mix comprises eight one-bedroom, one-bathroom apartments and eight two-bedroom, two-bathroom apartments, averaging 737 square feet. Many apartments have vaulted ceilings and updated kitchens, bathrooms, and flooring. The building also includes secured entry with an intercom, a shared laundry room, and gated parking with EV chargers. Electricity and gas are separately metered, and each apartment has its own water heater.

Constructed in 1989, the property is described as exempt from the Los Angeles Rent Stabilization Ordinance and subject to AB 1482. It is in Koreatown near 3rd Street and Vermont Avenue, with the Wilshire/Vermont Metro station and Downtown Los Angeles also identified in the listing.

Key Highlights

  • 16 apartments: eight one‑bedroom/one‑bathroom and eight two‑bedroom/two‑bathroom units
  • 11,792‑square‑foot building on a 9,015‑square‑foot LAC2‑zoned lot
  • 1989 construction; described as exempt from the LA RSO and governed by AB 1482

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

16
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7,811
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The 1989 property combines individually metered apartments with gated parking, an on-site laundry room, and EV charging.
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 $3,795,000.
What are key features of this property?
This property features: 16 apartments: eight one‑bedroom/one‑bathroom and eight two‑bedroom/two‑bathroom units; 11,792‑square‑foot building on a 9,015‑square‑foot LAC2‑zoned lot; 1989 construction; described as exempt from the LA RSO and governed by AB 1482
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