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747 S New Hampshire Ave
Los Angeles, CA 90005 Koreatown

$3,495,000 USD

Apartments For Sale • 14,188 SF

Property Details

Property Type Apartments
Total Building Size 14,188 SF
Lot Size 0.26 AC
Building Class C
Year Built 1921
Cap Rate 6.00 %
Zoning LAR4

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                High-End Unit Renovations
                            
                                16% Loss-to-Lease
                            
                                Prime Koreatown Location
                            
                                Amenity Rich with Walkscore of 96
                            
                                Walkable to Wilshire/Vermont Metro Station
                            
                                Classic 1920's Wood Frame & Stucco

Financial Summary (Actual)

Net Operating Income: $209,534 USD (2025)

Cap Rate:	6.00 %
Total Expenses:	$187,496 USD

Amenities

Air Conditioning
Balcony
Heating
Kitchen
Refrigerator
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
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))	12 min	-	4.5 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	6.8 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	9 min	0.5 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
Bob Hope	25 min	-	12.8 mi
Los Angeles International	25 min	-	13.5 mi
Long Beach (Daugherty Field)	34 min	-	23.6 mi

Mark Ventre 323-202-9741 Lyon Stahl Investment Real Estate

747 S New Hampshire Ave Los Angeles, CA 90005 Koreatown