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1731 New Hampshire Ave, LA

New Construction Fourplex

FULLY LEASED NEW CONSTRUCTION FOURPLEX 5 minutes from USC! Boasting ONE OF THE LOWEST PRICE PER DOORS and a stabilized 5.29% cap rate, this one of a kind opportunity will not last long! Made up of two enormous 5 bed units & three 3 bed units with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, this will be an extremely easy to manage, high cash flow property for years to come!

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$2,649,000

Fourplex

For Sale

4

2023

5.29%

14.15

$187,200/Year

5,935 sqft

6,549 sqft

$446.34

$662,250

2 x 4b/4.5b, 2 x 4b/3b

No

8 Covered Carport Spaces

Separately Metered Utilities
Sleek, Modern Finishes

The Highlights

  • Delivered fully rented! 100% Leased now! 

    • Outstanding cap rate of 5.29%!

  • All units separately metered for gas, electric AND water!

  • Made up of four enormous, beautifully designed 3-story townhome style units!

  • Located minutes from USC, making this an ultra-high demand rental property.

  • Huge, open floorplans.

  • Due to the high quality of construction, the property is very low maintenance.

  • Ideal parking set up! 10 parking spaces conveniently accessed from a back alley.

  • With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.

The Neighborhood

<15-Minute Walk

Exposition Park, California Science Center, BMO Stadium, Los Angeles Memorial Coliseum, EXPO Center,

California African American Museum,

Natural History Museum, Rose Garden Dr. Theodore T. Alexander Jr. Science Center Charter School

<15-Minute Drive

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

<$15 Uber Ride

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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