311 S New Hampshire Avenue, Los Angeles, CA 90020

• 11,792 sqft

Property Description

We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles' dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational flexibility and the ability to capture substantial rental upside. The property is subject only to AB 1482, allowing for continued rent growth aligned with market performance. Situated on a desirable residential street just moments from Koreatown's premier dining, retail, and employment centers, 311 S New Hampshire Avenue offers an exceptional unit mix consisting of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. This balanced configuration appeals to a broad tenant base, including young professionals, couples, and families seeking quality housing in one of Los Angeles' most vibrant urban neighborhoods. The property has been professionally managed and features desirable amenities including secured subterranean parking and an on-site laundry facility, enhancing tenant convenience while providing additional income potential. With strong in-place income and meaningful rental upside potential, investors are presented with the opportunity to

Listing Status:

Active

Date Added:

March 5, 2026

Data Last Updated:

April 2, 2026 at 7:07AM

Listing Office:

Remax Commercial and Investment Realty : 213-817-1000

Listing Agent:

Jonathan Taksa : 424-672-8220

MLS ID:

CL26660495

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: AssignedOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAC25502007014

Financial

• Source: CRMLS