1845 N New Hampshire Ave, Los Angeles, CA 90027
1845 N New Hampshire Ave, Los Angeles, CA 90027
1845 N New Hampshire Ave, Los Angeles, CA 90027
1845 N New Hampshire Ave, Los Angeles, CA 90027
1845 N New Hampshire Ave, Los Angeles, CA 90027
1845 N New Hampshire Ave, Los Angeles, CA 90027
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Candice Culen

Candice Culen

+1(877) 976-5348
$ 1,650,000
Est. payment | /mo

10 Beds

10 Baths

5,036 SqFt

Save
$ 1,650,000
Est. payment | /mo
Save

10 Beds

10 Baths

5,036 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,036 sqft

Price per Sqft $327

MLS Listing ID 26854257

Bedrooms 10

Year Built 1923

Lot Size 8,431 Sqft

Acres 0.1935

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1845 N New Hampshire Avenue, a charming 10-unit bungalow-style multifamily asset situated just south of Franklin Avenue in the heart of Los Feliz, one of the most walkable and sought-after rental submarkets on the Eastside of Los Angeles. Built in 1923, the property features a classic bungalow-style layout on a generous 8,428 SF lot, a character-defining configuration rarely available in this submarket, offering residents a low-density, detached-feel living environment with dual access points for added privacy and convenience. The property is separately metered for gas and electricity with tenants paying for most of their utilities, and waste removal is also tenant-paid, meaningfully reducing operating expenses and providing the incoming owner with insulated, predictable cashflow from day one. The asset has been meticulously maintained by long-term ownership, with freshly painted exteriors, newly installed landscaping, well-kept grounds, and individual water heaters per unit, signaling pride of ownership and reducing near-term deferred maintenance exposure for the next investor. This offering represents a rare generational ownership opportunity. The property has remained under the same family's stewardship for decades with extremely limited transaction history, presenting investors with the kind of below-market basis rarely available in a neighborhood of this caliber. Offered at $1,650,000, representing $165,000 per unit and $328/SF, the property presents a compelling value-add opportunity with over 46% rental upside as below-market tenancies roll to current Los Feliz market levels, providing a clear and executable path to meaningful NOI growth through natural turnover with no renovation required. Walk Score 80 Transit Score 80. Ideally positioned steps from the dining, coffee, and retail corridors of Vermont Avenue and Hillhurst Avenue, with walkable access to Los Feliz Village, Griffith Park, and the broader amenity base that drives persistent tenant demand and low vacancy throughout all market cycles.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

Candice Culen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(877) 976-5348

info@yrealtyinc.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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1845 N New Hampshire Ave