S New Hampshire Avenue

Los Angeles | California

A Treasure of

Natural Beauty

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Power Brokers

Presented At

$2,995,000

Bedrooms

Living

7,860

SQFT

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1631

S New Hampshire Avenue

Los Angeles | California

1631 S New Hampshire Avenue, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

Presenting 1629 S. New Hampshire Ave, a 2024 constructed, five-unit multifamily income property. This modern, well-maintained building is an exceptional opportunity for investors, with all five units fully occupied, generating $237,660 in yearly income and offering a strong 6.10% pro-forma cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all five units. Designed with style and comfort in mind, the units cater to today's renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels. Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA's bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center and Crypto Arena are all just a short drive [hidden information] its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles. Can be purchased together with 1731 S. New Hampshire Ave. (4 units).

Property

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Property Location

1631 S New Hampshire Avenue, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

57 °F

Mist

Feels Like 57°F

Humidity 94%

Wind 8 mph

Visibility 6.2 mi

Sunrise 2:41 PM

Sunset 1:33 AM

5-Day Forecast

Wed 11 Feb

Rain

High 62°

Low 58°

Thu 12 Feb

Clouds

High 67°

Low 56°

Fri 13 Feb

Clouds

High 71°

Low 59°

Sat 14 Feb

Clear

High 70°

Low 58°

Sun 15 Feb

Clouds

High 66°

Low 57°

Data from OpenWeatherMap

Walkability & Transit Scores

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Walkability Index

Most Walkable

EPA National Walkability Index

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Data from EPA National Walkability Index

Mortgage Calculator

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Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1631 S New Hampshire Avenue, Los Angeles, California, United States have?

This other at 1631 S New Hampshire Avenue, Los Angeles, California, United States features 19 bedrooms with 7,860 square feet of living space.

What is the size of 1631 S New Hampshire Avenue, Los Angeles, California, United States?

This property offers 7,860 square feet of living space.

What is the listing price for 1631 S New Hampshire Avenue, Los Angeles, California, United States?

This property is listed at $299,500,000, which equals $38104 per square foot.

What type of property is 1631 S New Hampshire Avenue, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.