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1629 S New Hampshire Ave , Los Angeles, CA 90006
$2,885,000
Est. Payment: $15,280.85/mo
14 Bed
13 Bath
0 Sqft
Status: ACTIVE | Days on site: 1
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CR-BH5345657 - CR-BB42064,CR-BB42774
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Chris Heller
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House Description

1629 S New󠃍󠂏󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃢󠂁󠂡󠃡󠂠󠂎 Hampshire Ave is a 2023 new construction, non-rent-controlled 5-unit property located just minutes from USC. Delivered 100% leased at market rents and offering a REAL 6.29% cap rate, New Hampshire provides immediate cash flow from day one in a high-demand central Los Angeles rental market. Spanning an impressive 7,861 square feet across two modern buildings, the property features three spacious 3-bedroom residences and two massive 5-bedroom/5-bathroom residences. Each unit offers large, open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, private balconies, and modern finishes throughout. Eight on-site parking spaces conveniently accessed from the rear alley further enhance tenant appeal. All units are separately metered for gas, electric, AND water, helping keep operating expenses exceptionally low and making this a truly turnkey, low-maintenance investment. Offered at $2,885,000, the property trades at just $367 per square foot and $577,000 per unitan attractive basis for nearly 7,900 square feet of newer construction. Ideally positioned near USC, Downtown LA, and Koreatown, residents enjoy convenient access to major employment, education, dining, and entertainment hubs, as well as the 10 and 110 freeways. With its strong current yield, oversized units, low operating expenses, and high-quality construction, 1629 S New Hampshire offers a rare opportunity to acquire a fully stabilized newer construction asset in central Los Angeles.
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Highlights

Listed by Cheyenne Womack , 805-973-7470 and Lauren Cearley , 213-302-8662 Myunits.com Inc. , 844-698-6487. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

County

Los Angeles

Listing ID

BB26206740

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:13
  • ▪ Full Bathrooms:
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Builder
Principal Interest
$15,281
Taxes
$1,839

Home Price

$2,885,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$577,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,280.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,280.85 $1,839.19 $0.00 $17,120.04
Yearly $183,370.22 $22,070.25 $0.00 $205,440.47
Total $5,501,106.58 $662,107.50 $0.00 $6,163,214.08

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T13:27:28.000Z

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