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New Multifamily Property in Athens
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11503 S New Hampshire Avenue, Los Angeles, CA 90044

10-unit multifamily property in Los Angeles, near Vermont/Athens Metro.

Property Size12,558 SF
Lot Size0.19 Acres
Price / SF$437.97
Days on Market845

Property Features for 11503 S New Hampshire Avenue

General Information

Standard status Active
Size 12,558 SF
Lot size 0.19 Acres
Property subtype Multifamily
Zoning R3
Investment Type Value Add

Building Details

Year Built 2026
Buildings 3
Stories 3
Units 10
Listing Agency: Lee & Associates Los Angeles - Investment Services Group, Inc
Listed By: Matthew Sullivan · License #CA 00848427
Source: Crexi
Added: May 7, 2024 Changed: Aug 22 Last Checked: Aug 28 at 10:52PM

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 Lee & Associates Los Angeles - Investment Services Group, Inc

Investment Insights

Based on property information with market context.

The property at 11503 S New Hampshire Avenue is a 10-unit multi-family property located in the Athens neighborhood of Los Angeles. The property, totaling 12,558 square feet, includes three separate buildings on an 8,454 square foot lot. The unit mix consists of two one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and six three-bedroom, three-bathroom units. All units are planned for Section 8 tenants. The property is located less than a 10-minute walk from the Vermont/Athens Metro Stop and is situated just southwest of Imperial Highway and Vermont Avenue, providing access to retail and restaurant amenities. Tenants can easily access the 105 and 110 Freeways, connecting to California beaches, downtown Los Angeles, and greater Los Angeles. Los Angeles Southwest College is located less than one mile away. Buildings are expected to be completed in the 3rd Quarter of 2024.

Key Highlights

  • 10‑unit multi‑family property in the Athens neighborhood of Los Angeles.
  • Planned for Section 8 tenants.
  • Desirable unit mix: (2) 1 bed/1 bath, (2) 2 bed/1 bath, and (6) 3 bed/3 bath units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit multifamily property in Los Angeles, near Vermont/Athens Metro.
Where is this apartment building located?
The property is located at 11503 S New Hampshire Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 10‑unit multi‑family property in the Athens neighborhood of Los Angeles.; Planned for Section 8 tenants.; Desirable unit mix: (2) 1 bed/1 bath, (2) 2 bed/1 bath, and (6) 3 bed/3 bath units.
(213) 623-0800 Call to check price and availability
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