Los Angeles, CA 90044,8018 S New Hampshire Ave
Los Angeles, CA 90044,8018 S New Hampshire Ave
Los Angeles, CA 90044,8018 S New Hampshire Ave
Los Angeles, CA 90044,8018 S New Hampshire Ave
Los Angeles, CA 90044,8018 S New Hampshire Ave
Los Angeles, CA 90044,8018 S New Hampshire Ave
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21
Dec
Mon
22
Dec
Tue
23
Dec
$ 1,695,000
Est. payment | /mo

8 Beds

4 Baths

3,906 SqFt


$ 1,695,000
Est. payment | /mo

8 Beds

4 Baths

3,906 SqFt

Open House

Sun Dec 21, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,906 sqft

Price per Sqft $433

MLS Listing ID 25628607

Style Spanish

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1937

Lot Size 7,203 Sqft

Acres 0.1654

Property Sub-Type Multi-Family

Property Description

Turnkey, fully vacant, and beautifully remodeled Spanish Colonial Revival four-plex in the highly sought-after Vermont Knolls neighborhood. Each expansive two-bedroom residence spans nearly 1,000 square feet and has been thoughtfully upgraded throughout, featuring open-concept kitchens with stainless steel appliances and quartz countertops, modern bathrooms, in-unit laundry, tankless water heaters, wood flooring, generous closet space, and soaring nine-foot ceilings. Every unit includes its own private garage. The property is centered around a charming, gated courtyard with secure access and benefits from fully upgraded copper plumbing throughout. This is an ideal opportunity for an owner-occupant to live in one unit while renting the others, with projected rents of approximately $3,000 per unit per month - potentially offsetting the entire mortgage and operating expenses. Investors will also appreciate the additional upside through the ability to add up to four ADUs in the rear yard area, subject to approvals. The property also presents an excellent investment opportunity, as it can be leased immediately in its current condition and operate at an outstanding 6% cap rate. Located just one block from the brand-new Evermont Development, home to South LA Caf, a Metro transit plaza, and Seed LA STEM college preparatory school. The property is also conveniently situated minutes from SoFi Stadium, The Forum, SpaceX, USC, LAX, and Downtown Los Angeles.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms Other

Dining Room 1

Kitchen Counter Top, Gourmet Kitchen, Open to Family Room, Quartz Counters, Remodeled, Stone Counters

Interior

Heating Heat Pump

Cooling Heat Pump(s), Wall Unit(s)

Flooring Engineered Hardwood, Laminate, Marble

Fireplaces Type Bath, Dining, Gas, Kitchen, Living Room, Patio

Equipment Ceiling Fan, Dryer, Gas Dryer Hookup, Range/Oven, Refrigerator

Laundry Laundry Area

Exterior

Parking Features Controlled Entrance, Detached, Door Opener, Garage - 4+ Car, Private Garage, Private

Garage Spaces 4.0

View Y/N Yes

View Mountains

Roof Type Clay

Building

Lot Description Back Yard, Exterior Security Lights, Fenced Yard, Front Yard, Lawn, Sidewalks, Single Lot, Walk Street

Story 2

Sewer In Street

Water Public

Architectural Style Spanish

Level or Stories Multi/Split

Structure Type Stucco, Wood Siding

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/e2e417b2-8c68-4a18-bf04-f2f4c61ac769?wl=true&setAttribution=mls&initialViewType=pano

TheMLS (CLAW)
Listed by Nathan Richards
Ju-Yao Yang

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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8018 S New Hampshire Ave