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1731 S New Hampshire AvenueLos Angeles, CA 90006

For Sale

$2,395,000

Smart Buyer Rebate $23,950

Presenting 1731 S. New Hampshire Ave, a newly constructed four-unit multifamily property completed in 2023, located in a prime Los Angeles rental corridor just minutes from Downtown LA. The property currently has one vacant unit, providing investors with an immediate lease-up opportunity. Once stabilized, the property is projected to generate approximately $188,388 in annual gross income, reflecting a pro-forma 6% cap rate.The building features four modern residential units thoughtfully designed with open-concept layouts, spacious bedrooms, and contemporary finishes throughout. Each residence includes modern kitchens, stainless steel appliances, and functional living spaces, creating an attractive environment for today's renters.An additional highlight of the property is the inclusion of fully paid-off solar panels, helping reduce operating costs while increasing long-term energy efficiency.The property is strategically located near Downtown Los Angeles, offering excellent connectivity to major employment centers and lifestyle amenities. Residents enjoy convenient access to the 10, 110, and 101 Freeways, as well as close proximity to Koreatown, USC, and DTLA, providing access to world-class dining, entertainment, and cultural attractions. Major destinations such as Crypto.com Arena and the Los Angeles Convention Center are also just a short drive away.With modern 2023 construction, strong pro-forma income potential, energy-efficient features, and a prime central Los Angeles location, 1731 S. New Hampshire Ave presents a compelling multifamily investment opportunity with immediate lease-up upside. Property can be purchased together with 1629 S. New Hampshire Ave. 5 unit building, just up the street asking $2,895,000.

Listed by Michael Fitzgerald

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License #02016898

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Rise Realty

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310-793-6136

Last updated March 10, 2026

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Source: CRMLS #26662385

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms16
  • Days on Prevu6
  • Size5,935 sqft
  • Price per sqft$404

Amenities

  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

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Listing History

03/10/2026
Listed by Rise Realty
$2,395,000

Property Details for 1731 S New Hampshire Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2023

Measurements

  • Building Area Total: 5,935
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,551
  • Lot Size Square Feet: 6,551
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $188,388.00

Taxes

  • Parcel Number: 5075019004

Interior

Features

  • Appliances: Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 5,935
  • Living Area Source: Other

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Parking Features: Attached Carport, Carport, Detached Carport
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 16 bedrooms in this multi-family home at 1731 S New Hampshire Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1731 S New Hampshire Avenue.

How does 1731 S New Hampshire Avenue compare to other multi-family homes in Pico Union?

This multi-family home is listed 26% above the average price for multi-family homes in Pico Union and has been on the market for 109 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,935 sqft.

1731 S New Hampshire Avenue is a 16-bedroom multi-family home for sale in Los Angeles CA 90006. Listed on Prevu for 6 days at $2,395,000. This home features 5,935 square feet of living space, located in Pico Union. The median listing price for multi-family homes in this area is $1,200,000. Additional amenities include air conditioning, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.