3 months on rocket

1629 S New Hampshire Ave, Los Angeles, CA, 90006

$3,199,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage
Garage8 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #BB24139414
Lot Size0.15 Acres
StatusActive

About 1629 S New Hampshire Ave

1629 S New Hampshire is a 2024 construction, FULLY rented 5-unit located just minutes from the USC campus and Exposition Park! This is one of the best priced BRAND-NEW CONSTRUCTION 5-UNITS IN ALL OF LA. With a stabilized 5.43% cap rate, this one-of-a-kind opportunity will not last long! All units are eligible for rent increases within first months of ownership, and there are available parking spaces that can be rented to tenants. A new build with great upside- VERY RARE! The property is made up of two enormous 5-bedroom units and three 3-bedroom units with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, all units rented extremely fast to A+ tenants. With $19,395 in monthly gross rent, ease of management this will be a high cash flow property for years to come! The building boasts tons of balconies, 8 garage parking spots accessed by a convenient back alley, luxury finishes, and large floorplans, these units ARE the #1 choice for high paying USC students, recent graduates and more! Every box is checked! 1629 S New Hampshire is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the Natural History Museum, Dr. Theodore T. Alexander Jr. Charter School. Plus, it’s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Plus enjoy separate meters for all utilities and a 1-year builder’s warranty!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Vinyl
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Garage Space: 8 spaces
  • Parking: Assigned, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • West Adams Preparatory High School, Public District Grades 9-12
  • Foshay Learning Center, Public District Grades KG-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Located immediately south of Venice

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,199,000

Tax Information:

  • Annual Amount: $2,430
  • 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

36

# of Sold Homes

1331

1629 S New Hampshire Ave vs Los Angeles

100 DAYS ON ROCKET

+64 Days

$3,199,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24139414

Listing Office:

  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

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: 10/18/2024, 12:20:54 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

Jul 12, 2021Home Sold
$935,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,430$188,287
2020$2,360$186,357
2019$2,274$182,704
2018$2,228$179,123
2017$2,228$175,611

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,657

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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.

Elementary School

school-card-donut-584239
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.14 miles

  • Public Magnet Grades KG-6

school-card-donut-584240
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.45 miles

  • Public Magnet Grades 1-5

school-card-donut-584241
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.74 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-584242
4
/10
  • Berendo Middle School

  • 1157 S Berendo St

  • 0.45 miles

  • Public District Grades 6-8

school-card-donut-584243
4
/10
  • Studio

  • 2211 W Avenue 30

  • 5.31 miles

  • Public District Grades 6-8

High School

school-card-donut-584244
3
/10
  • West Adams Preparatory High School

  • 1500 W Washington Blvd

  • 0.31 miles

  • Public District Grades 9-12

school-card-donut-584245
6
/10
  • Foshay Learning Center

  • 3751 S Harvard Blvd

  • 1.84 miles

  • Public District Grades KG-12

school-card-donut-584246
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.64 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,087. The most common annual income of people living in Los Angeles, CA is between $35k-100k. 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 1629 S New Hampshire Ave

What is the listing price of this property?

The listing price of 1629 S New Hampshire Ave property is $3,199,000.

What type of property is this?

The property 1629 S New Hampshire Ave is a condo located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1629 S New Hampshire Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1629 S New Hampshire Ave are:
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Berendo Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
West Adams Preparatory High School: GreatSchools Rating 3/10
Foshay Learning Center: GreatSchools Rating 6/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,430 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 12, 2021 for $935,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1629 S New Hampshire Ave is 2024.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900061629 S New Hampshire Ave

This home is located at 1629 S New Hampshire Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 2024, sits on a 0.15 acre lot. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $3,199,000.

Los Angeles, CA housing market in September 2024 saw over 532 listings sold above listed price, more than 180 sold at listed price and over 619 sold below. In September 2024 in Los Angeles, CA there were 10.6% more homes for sale than in August 2024. In September 2024 median list price was $1,012,476 and the average listing age was 36 days.

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

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