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1641 S New Hampshire Ave
Los Angeles, CA 90006 Harvard Heights

$1,495,000 USD

Apartments For Sale  •  4,809 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,809 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 5.51 %
  • Zoning LARD1.5
67 Transit Score
88 Walk Score

Highlights

Top Heavy Unit mix For Only $166,111 Per Unit!
1960's Construction - (7) 2 Bed/1 Bath, (1) 1 Bed/1 Bath & (1) Single
Building Was 100% Re-Piped To Copper Plumbing Throughout In 2016 & Permits Pulled
Brand New Digital Pay Washer & Dryer Machines In Laundry Room - Landlord Owned - NO Laundry Lease
75% Rental Upside
10.46x GRM & 5.51% Cap Rate on Current Rents & T12 Actual Expenses (Dec '24 to Dec '25) + New Tax Rate & Assessments Based on List Price

Property Flyers

Financial Summary (Actual)

Net Operating Income: $82,321 USD (2025)
Cap Rate: 5.51 %
Total Expenses: $60,659 USD

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 9 min - 4.3 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)) 11 min - 4.5 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 12.8 mi
Bob Hope 23 min - 13.8 mi
Long Beach (Daugherty Field) 31 min - 22.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Jonathan Rawson 310-869-9137 Avenue Realty Group/ARG Commercial
Jonathan Rawson 310-869-9137 Avenue Realty Group/ARG Commercial