1511 S New Hampshire Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,195,000 USD
818-723-9071
1511 S New Hampshire Ave, Los Angeles, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1511 S New Hampshire Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • RTI SB8 CLEARED | PERMITS PAID | SHOVEL READY
  • Fully approved project with ~$70,000 in paid permits—no entitlement risk and ready to build immediately.
  • Approved 4-unit project designed for high-income potential and efficient layout.
  • 6,288 SF LOT | RD1.5 Zoning
  • Central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110).
  • Strong Rental Demands & Upside

OVERVIEW

RTI SB8 CLEARED | PERMITS PAID | SHOVEL READY | DELIVERED VACANT Great value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex (3 units) built in 1905, situated on a 6,288 SF lot (0.14 AC) with approximately 3,454 SF across 3 floors. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no entitlement risk and ready to build immediately. Approved plans include a 4-unit project totaling approximately 15,703 rentable SF, featuring (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units. Each unit is designed with en-suite bathrooms and private 2-car garages, ideal for co-living or high-demand rental use. Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110). Excellent opportunity for developers or investors looking to build and hold or sell. Renderings may not reflect final plans. Buyer to verify all information.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

3

PRICE/UNIT

$398,333

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-UNIT | RTI SB8 CLEARED | PERMITS PAID

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LARD1.5

APN/PARCEL ID

5075-004-019

ASK ABOUT THIS PROPERTY

Rana KhanjaniSync Brokerage, IncMore Info
818-723-9071

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Rana KhanjaniSync Brokerage, IncMore Info
818-723-9071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.