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$6,500,000   Price Analysis
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11503 S New Hampshire Ave
Los Angeles, CA 90044
2 bed 2 bath 12,558 SqFt ($517/SqFt)
8,457SqFt lot. Built 2024
Listed 2024-06-26, Taxes $6,991
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this stunning newly built 10-unit apartment building within the highly sought-after Athens neighborhood of Los Angeles.

Here's your opportunity to own a brand-new investment property with high-end, first-class finishes. The property spans a total of 12, 558 net rentable sq ft, comprising 3 separate buildings situated on an 8, 457 sq ft lot. The unit mix includes 6 three-bedroom/three-bath unts, 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units, all designed to accommodate Section 8 tenants.

First-floor parking and each individual unit also has its own laundry facilit ies and comes equipped with a washer, dryer and refrigerator. The property enjoys a prime location, less than a 10-minute walk from the Vermont/Athens Metro Stop. Easy access to the 105 and 110 Freeways, tenants can quickly reach Californias famous beaches and Los Angeles Southwest College. Don't miss out on this incredible investment or 1031 Exchange opportunity!


Presented by Kathryn Jesse at
Exp Realty LLC.


Property MLS #14481702 from Houston

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes

Lot Size Acres: 0.194146
Lot Size Source: Appraiser
Lot Size Square Feet: 8457

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 10

Annual Tax Amount: 71500
Source Listing Status: Active
Source Property Type: Residential
Area: 81
Source Neighborhood: Athen Heights
Parcel Number: 6079-020-047
Postal City: Los Angeles
Public Survey Section: 105
Subdivision: Athen Heights
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $586,500
$586,500
$6,991
2021$unknown + $575,000
$575,000
$6,924
2020$unknown + $301,920
$301,920
$3,826
2019$unknown + $296,000
$296,000
$3,533

Listed 2024-06-26
$6,500,000
Houston
Listed 2024-06-07
$6,500,000
CRMLS
Listed 2024-05-30
$6,400,000
TheMLSCLAW
Listed 2024-05-30
$6,500,000
CRMLS
Sold 2020-07-13
$575,000
TheMLSCLAW
Relisted 2019-10-02
$575,000
TheMLSCLAW
Listing removed 2019-09-25
$0
TheMLSCLAW
Price Changed 2019-09-11
$575,000
TheMLSCLAW
Listed 2019-08-23
$675,000
TheMLSCLAW
Sold 2018-10-09
$230,000
Public Record
Sold 1988-05-26
$21,000
Public Record

Net Operating Income: 412896
Operating Expense Includes: RealEstateTax

Total Square Feet Living: 12558
Year Built: 2024
Builder Name: DenBen Corp
Building Area Total: 12558
Levels: ThreeOrMore
Living Area Source: Builder
New Construction: Yes
Property Condition: UnderConstruction
Levels or Stories: 3
Year Built Source: Builder

West Athens Elementary School is a public elementary school located approximately 0.4 miles away.
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George Washington Preparatory High School is a public high school located approximately 0.8 miles away.
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St. Frances X. Cabrini is a private elementary and middle school located approximately 0.4 miles away.
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Boys Academic Leadership Academy is a public middle and high school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.