24-Unit Studio Apartment
New
For Sale
$3,200,000
747 S New Hampshire Ave, Los Angeles, CA 90005
Renovated apartments and building upgrades complement access to the Wilshire/Vermont Metro Station.
Property Size14,188 SF
Days on Market7
Property Features for 747 S New Hampshire Ave
General Information
Standard status
Active
Size
14,188 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
24 x studio
Multifamily Units
24
Additional Details
Cap Rate
7.12%
Public Transit
Yes
Building Details
Building Size
14,188 SF
Year Built
1921
Listing Agency:
JNM Realty, INC.
Listed By:
Demis Dokhanian · License #01940496
(310) 270-6616
Source:
Rochellemaize
Added: Sep 25
Changed: Sep 30
Last Checked: Sep 30 at 11:50AM
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 JNM Realty, INC.
Investment Insights
Based on property information with market context.
This 24-unit apartment property contains studio residences averaging approximately 550 square feet, within 14,188 square feet of building area. Built in 1921, it includes renovated units with copper plumbing, upgraded electrical systems, stainless steel appliances, new flooring and updated kitchens. Twelve units have not been renovated. The building was re-stuccoed in 2013, its windows were replaced in 2018, and roof upgrades and maintenance were completed in 2026.
The property is in Koreatown, less than 0.5 miles from the Wilshire/Vermont Metro Station, a 10-minute walk away.
The property is in Koreatown, less than 0.5 miles from the Wilshire/Vermont Metro Station, a 10-minute walk away.
Key Highlights
- 24 studio units averaging approximately 550 square feet
- 12 units have not been renovated
- 14,188 square feet of building area
Property Analytics
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Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
8,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 90005, CA
37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartments and building upgrades complement access to the Wilshire/Vermont Metro Station.
Where is this apartment building located?
The property is located at 747 S New Hampshire Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 24 studio units averaging approximately 550 square feet; 12 units have not been renovated; 14,188 square feet of building area
