Property summary
This exceptional 2024-built, Class A, five-unit apartment building presents a compelling investment opportunity in Los Angeles, CA. Located at 1629 S New Hampshire Ave, in the desirable 90006 zip code, this property boasts 7,861 square feet of net rentable space across two three-story buildings, situated on a 6,551 square foot lot. The property features five spacious units: two five-bedroom units and three three-bedroom units, all with modern, upgraded finishes and large open floor plans. … Each unit includes separate meters for gas, electric, and water, simplifying management and maximizing efficiency. Ten parking spaces are conveniently accessed from a rear alley, providing ample parking for residents. Currently fully leased with strong, high-quality tenants, the property generates a substantial net operating income (NOI) of $173,787, resulting in a compelling 5.43% capitalization rate. The asking price is $3,199,000, translating to $406.95 per square foot and $639,800 per unit. Its proximity to the University of Southern California (USC), Exposition Park, and Downtown Los Angeles ensures high demand and consistent occupancy. The property benefits from the LARD1.5 zoning designation and comes with a one-year builder's warranty. This turnkey investment offers significant upside potential, particularly given the limited new construction anticipated due to recent legislation. The property's exceptional location, high-quality construction, and strong financial performance make it an ideal addition to any investment portfolio.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight
