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

$1,070,000 USD

Apartments For Sale  •  3,454 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,202 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1905
  • Cap Rate 7.21 %
  • Zoning LARD1.5
90 Transit Score
80 Walk Score

Highlights

PERMITS PAID | SHOVEL READY | RTI SB8 CLEARED |
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.
Central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110).
Permits Approved to Build 4 Spacious Townhomes Across 2 Buildings
Unit Mix: Two 5 Bed (plus office)/ 5 Bath and Two 4 Bed / 4.5 Bath

Property Flyers

Financial Summary

Cap Rate: 7.21 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
10 min - 4.2 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.7 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 12.7 mi
Bob Hope 27 min - 13.7 mi
Long Beach (Daugherty Field) 32 min - 22.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Rana Khanjani 818-723-9071 Sync Brokerage, Inc
Rana Khanjani 818-723-9071 Sync Brokerage, Inc