Prime 8-Unit Multifamily Property in Koreatown. Located in the heart of vibrant Koreatown, this property offers excellent proximity to key attractions and essential amenities. Comprising 8 spacious units, with 3 recently remodeled and currently vacant, offering potential for immediate rental income or owner occupancy. Enjoy easy access to public transportation, making commuting a breeze for tenants. The property is also near major freeways, enhancing connectivity. Minutes away from Silver Lake and Dodger Stadium, tenants can enjoy the best of Los Angeles' cultural and recreational activities. With 3 vacant and remodeled units, you can start generating rental income right away or choose to reside in one of the modernized apartments. The remaining units present an opportunity for further renovation, increasing the property's overall value and rental income potential. Koreatown is known for its bustling atmosphere and strong rental market, ensuring consistent demand for units. KEY FEATURES: LAR4 gives you the ability to build up to 18 units. 3 vacant units. Per city, you can convert each unit as follow: 1 bedroom and 1 studio or convert it to 2 bedroom apartment.
Property Details
Property Features
Property Information:
Year Built: 1923
Stories: 2
Living Area: 6,711 SqFt
Listing Office:
Office Name: Power Brokers
Office Phone: (424) 738-5900
Listing Agent: Shiva Mehrdad
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Assigned, Uncovered
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: BETWEEN 1st ST AND N NEW HAMPSHIRE AVE
Price Information
Listing Price Info
Price Summary:
List Price: $2,285,000
Price Per SqFt: $340/SqFt
Tax Information:
Annual Amount: $25,265
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.2M more than the Median Sold Price and $301/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24447665
Listing Office:
Office Name: Power Brokers
Office Phone: (424) 738-5900
Listing Agent: Shiva Mehrdad
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 15, 2017
Feb 15, 2017Home Sold
$1,910,000
Nov 28, 2006
Nov 28, 2006Home Sold
$800,000
May 29, 1998
May 29, 1998Home Sold
$250,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$25,265
$2,049,404
2020
$24,526
$2,026,906
2019
$24,360
$1,987,164
2018
$12,032
$1,948,200
2017
$12,032
$923,520
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Frank Del Olmo Elementary School
100 N New Hampshire Ave
Distance between this listing and this school0.07 miles
Public District Grades KG-5
6
/10
Dr. Sammy Lee Medical and Health Science Magnet
3600 Council St
Distance between this listing and this school0.30 miles
Public Magnet Grades KG-5
6
/10
Commonwealth Avenue Elementary School
215 S Commonwealth Ave
Distance between this listing and this school0.39 miles
Public District Grades 1-5
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.17 miles
Public District Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school0.32 miles
Public Charter Grades KG-8
3
/10
Young Oak Kim Academy
615 Shatto Pl
Distance between this listing and this school0.63 miles
Public District Grades 6-8
Nearby Schools
7
/10
Central City Value
221 N Westmoreland Ave
Distance between this listing and this school0.33 miles
Public Charter Grades 9-12
7
/10
Camino Nuevo High #2
3500 W Temple St
Distance between this listing and this school0.51 miles
Public Charter Grades 9-12
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school0.75 miles
The neighbors living near this home have an average income of $24,091. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 121 N New Hampshire Ave
What is the listing price of this property?
The listing price of 121 N New Hampshire Ave property is $2,285,000.
What type of property is this?
The property 121 N New Hampshire Ave is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 121 N New Hampshire Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $25,265 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 15, 2017 for $1,910,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 121 N New Hampshire Ave has 8 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 121 N New Hampshire Ave is 6,711 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 121 N New Hampshire Ave is 1923.
This home is located at 121 N New Hampshire Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 6,711 square foot home, which was built in 1923, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $2,285,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.