John E Burge

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1233 N New Hampshire AvenueLos Angeles, CA 90029

Multi-Family · 10,012 Sq. ft. | 0.23 Acres
$3,380,000 Active

1233 N New Hampshire Avenue Overview

Time on Site:
133 days
Visits:
0

Positioned in the heart of East Hollywood, 1233 N New Hampshire Ave, Los Angeles presents a rare 16 unit value add investment opportunity in one of the city’s most dynamic and sought after multifamily submarkets. Built in 1958, the property offers a desirable unit mix of three studios (studio x 3), twelve one bedrooms (1 bed x 12), and one two bedroom (2 bed x 1), with the majority of units currently leased at below market rents, creating significant upside potential through strategic interior renovations and improved management. Amenities include 24 on site parking spaces and a convenient laundry facility, enhancing tenant appeal and long term stability. Ideally located near Fountain Avenue and just moments from Kaiser Permanente, Hollywood Presbyterian Medical Center, and Children’s Hospital Los Angeles, the property benefits from strong rental demand driven by proximity to major employment centers, public transit, and a vibrant mix of dining, shopping, and entertainment in Hollywood, Los Feliz, Silver Lake, Koreatown, and Downtown LA. This is an exceptional opportunity to acquire a well located asset with immediate income and compelling growth potential in the thriving Los Angeles rental market.

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1233 N New Hampshire Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,012
  • Price/Sq.ft. $338
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Common Interest: Community Apartment

Income/Expenses

  • Gross Income: 210000.0
  • Gross Scheduled Income: 210000.0

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Gutter(s),Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 5540015007
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust
  • Zoning: LAR3

Interior

Parking Information

  • Garage Spaces: 24.0
  • Garage: Yes

Building Interior

  • Building Area Total: 10012.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Oven,Gas Range,Refrigerator
  • Common Walls: 2+ Common Walls
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: Front Gate
  • Interior Features: Balcony,Ceiling Fan(s),Laminate Counters,Storage,Tandem,All Bedrooms Down
  • Laundry Features: Common Area
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 24.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Acres: 0.228
  • Lot Size Area: 9931.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9931.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes
    • Roof: Flat,Mixed,Tar/Gravel

    General Information

    • Fencing: Block,Fair Condition,Wrought Iron
    • Number Of Units Total: 16
    • Other Structures: Storage
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Cable Available,Natural Gas Connected,Sewer Connected,Water Connected

    1233 N New Hampshire Avenue Neighborhood

    Community

    90029 (Los Angeles) Demographics

    36
    Median Age
    26,529
    Population Density (per sq. mile)
    39%
    College Educated
    $45,004
    Estimated Median Income
    1,442
    Estimated Total Home Owners
    12,185
    Estimated Total Renters
    11% / 89%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1233 N New Hampshire Avenue Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1233 N New Hampshire Avenue Market Data

    Based on the last 30 days in this zip code

    $1,304,168
    Average List Price
    $759
    Average Price per Square Foot
    9
    Properties Sold
    81
    Average Days on Market
    95
    Properties for Sale
    Calculations provided by Reliance Network

    1233 N New Hampshire Avenue History

    Date Event Value Agent
    2/16/2026Source: CRMLS Added to Database
    February 16, 2026
    Listing provided courtesy of Real Brokerage TechnologiesEdward Chen- MLS# WS26035202MLS ProviderContact Information: [email protected] - 619-248-6434
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