311 S New Hampshire Avenue, Los Angeles, CA 90020

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
311 S New Hampshire Avenue,Los Angeles, CA 90020
$3,925,000
  • 24 Beds
  • 24 Baths
  • 11,792 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan taksa
Office: remax commercial and investment realty213-817-1000
MLS#:26660495
Source:CRMLS

Price summary

  • Price:$3,925,000
  • Price per sq. ft.:$332.85

About this home

HUGE PRICE REDUCTION: NOW 6.98 CAP and 9.02 GRM!!!! We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles' dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational flexibility and the ability to capture substantial rental upside. The property is subject only to AB 1482, allowing for continued rent growth aligned with market performance. Situated on a desirable residential street just moments from Koreatown's premier dining, retail, and employment centers, 311 S New Hampshire Avenue offers an exceptional unit mix consisting of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. This balanced configuration appeals to a broad tenant base, including young professionals, couples, and families seeking quality housing in one of Los Angeles' most vibrant urban...

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Home facts

  • Year built:1989
  • Listing ID #:26660495
  • Added:102 day(s) ago
  • Updated:June 16, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Living area:11,792 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1989
  • Building area:11,792 sq. ft.
  • Lot area:0.21 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$3,925,000
  • Price per sq. ft.:$332.85

Parking

  • Total parking spaces:24
  • Parking description:Assigned, Gated
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