$770,000
For Sale by Owner $302/sq ft
Listed 2 months ago

6BR Multi-Family for Sale in Los Angeles, CA

11100 S New Hampshire Ave, Los Angeles, CA 90044
6 Beds
4 Bath
2,550 sq ft
Built 1958
PropSlick Verified Data Key facts & insights for this exact address
$302
Price / sq ft
1958
Year Built
6,508 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1958
Square Footage2,550 sq ft
Lot Size6,508 sq ft
Price / SqFt$302

Property Description

Back on the Market! Presenting Project NH11, a premier strategic value-add opportunity in the rapidly appreciating 90044 corridor. This 4-unit asset is delivered 75% vacant (3 out of 4 units empty at close), allowing an investor to bypass tenant buyouts and immediately execute a modernization plan. The property features a rare and high-demand unit mix consisting of one 3-Bedroom/1-Bath flagship unit and three 1-Bedroom/1-Bath units. The investment blueprint includes a dedicated $90,000 renovation allocation, headlined by a $30,000 Phase I Electrical Infrastructure Upgrade to a full 400A main panel with separate meters. This infrastructure-first approach future-proofs the asset for high-efficiency appliances and mini-split HVAC systems while shifting utility costs to tenants. With a projected stabilized monthly gross income of $8,650, Project NH11 offers a massive 12.8% pro-forma Cash-on-Cash return and a stabilized 8.61% CAP rate on total basis. Transform this distressed property into a Class-A boutique residence and capture significant forced equity. One unit currently occupied at $950/mo. Sold as-is. Don't miss the cleanest value-add play on the market!

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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