2 months on rocket

121 N New Hampshire Ave, Los Angeles, CA, 90004

$2,285,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
6,711 SqFt
$340/SqFt
House

Location

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121 N New Hampshire Ave, Los Angeles$2,285,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Uncovered
Year Built1923
CoolingNone
MLS #24447665
Lot Size0.17 Acres
StatusActive

About 121 N New Hampshire Ave

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.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

121 N New Hampshire Ave vs Los Angeles

78 DAYS ON ROCKET

+40 Days

$2,285,000

+$1.2M More

$340/SqFt

-$300 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $300/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

IDX 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: 12/19/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 15, 2017Home Sold
$1,910,000
Nov 28, 2006Home Sold
$800,000
May 29, 1998Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,917

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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.

Nearby Schools

school-card-donut-146443
6
/10
  • Frank Del Olmo Elementary School

  • 100 N New Hampshire Ave

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-146444
6
/10
  • Dr. Sammy Lee Medical and Health Science Magnet

  • 3600 Council St

  • 0.30 miles

  • Public Magnet Grades KG-5

school-card-donut-146445
6
/10
  • Commonwealth Avenue Elementary School

  • 215 S Commonwealth Ave

  • 0.39 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,091. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area 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.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90004121 N New Hampshire Ave

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.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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