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0 Beds
24 Baths
14,188 sqft

$3,200,000

747 S New Hampshire Avenue, Los Angeles CA, 90005

Price per sqft$225.54
Built in1921
Property size14,188 sqft
Property typeResidential
Listed by Demis Dokhanian CA DRE# 01940496 with JNM Realty, INC. 310-270-6616

Overview

Active

Listed Sep 25, 2026

Updated 4 days ago

747 S New Hampshire Ave is a twenty-four (24) unit apartment property consisting entirely of spacious Studio units averaging approximately 550 square feet. The property is located in the heart of Koreatown, less than 0.5 miles and a 10-minute walk from the Wilshire/Vermont Metro Station. During the current owner's 10+ year tenure, the property has been well maintained and improved. Renovated units feature copper plumbing, upgraded electrical, stainless steel appliances, new flooring, and updated kitchens. The property was re-stuccoed in 2013, all windows were replaced in 2018, and over $30,000 was spent on roof upgrades and maintenance in 2026.The investment offers an astounding 7.12% going-in cap rate and a low $133k/unit entry price point with 46.35% upside potential in the twelve (12) non-renovated units. With the proper financing, an investor can achieve a 9.20% cash-on-cash return with potential upside to an 8.71% cap rate and 13.73% cash-on-cash return. JNM Realty manages 3,500 units across Los Angeles and Orange County and is available to manage the property for an investor.

$21,290/mo

Est. mortgage payment based on a $3,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26993065

Interior Features

Bedrooms
0
Bathrooms
24
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Demis Dokhanian CA DRE# 01940496 with JNM Realty, INC. 310-270-6616

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2026 at 4:18 AM UTC Last Checked: 4:18 AM UTC

 

 

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