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11-Unit Apartment Buildings
For Sale
$2,334,000

968 S New Hampshire Avenue, Los Angeles, CA 90006

Two adjacent multifamily properties combine residential units, covered parking, and R4 zoning near Olympic Boulevard and Vermont Avenue.

Property Size3,786 SF
Lot Size0.27 Acres
Price / SF$616.48
Days on Market169

Property Features for 968 S New Hampshire Avenue

General Information

Standard status Active
Size 3,786 SF
Total Parking Spaces 15
Lot size 0.27 Acres
Property subtype Multi-family
Zoning R4

Site & Location

Neighborhood Koreatown

Units

Unit Mix 1 x 3bd+2ba, 9 x 2bd+1ba, 1 x 1bd+1ba
Multifamily Units 11

Building Details

Year Built 1964
Buildings 2
Listing Agency: Keller Williams Realty Los Feliz
Listed By: Johnny Cho · License #01394690
Source: Sevengables
Added: May 11 Changed: Oct 25 Last Checked: Oct 24 at 9:45PM

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 Keller Williams Realty Los Feliz

Rey
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Investment Insights

Based on property information with market context.

This offering includes two adjacent apartment properties that must be sold together, with 11 residential units across a combined 11,787 SF R4-zoned lot. The 1964-built improvements provide a mix of one-, two-, and three-bedroom residences. The property at 964 includes one 3bd+2ba unit and four 2bd+1ba units, along with six covered side-by-side parking spaces. The 968 property contains five 2bd+1ba units and one 1bd+1ba unit, plus six covered side-by-side spaces and three tandem driveway spaces.

The properties are positioned near Olympic Boulevard and Vermont Avenue, with Downtown Los Angeles described as minutes away. R4 zoning and the existing unit count provide a defined multifamily configuration for a buyer evaluating the combined assets.

Key Highlights

  • Two adjacent apartment properties offered together with 11 total units
  • Combined 11,787 SF lot with R4 zoning
  • 964 includes one 3bd+2ba unit and four 2bd+1ba units

Property Analytics

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Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

6,403
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
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 - Two adjacent multifamily properties combine residential units, covered parking, and R4 zoning near Olympic Boulevard and Vermont Avenue.
Where is this apartment building located?
The property is located at 968 S New Hampshire Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,334,000.
What are key features of this property?
This property features: Two adjacent apartment properties offered together with 11 total units; Combined 11,787 SF lot with R4 zoning; 964 includes one 3bd+2ba unit and four 2bd+1ba units
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