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1641 S New Hampshire Avenue, 
Los Angeles, CA 90006

$1,495,000

15

Beds

9

Baths

4,809

Sq Ft

Multi-Family

Active

Listed by

Jonathan Rawson

Avenue Realty Group

310-433-4293

Last updated:

March 5, 2026, 02:16 PM

MLS#

25626151

Source:

CRMLS

About This Home

1641 S New Hampshire Avenue

9 units located in Historic Pico Union being offered at a below market $166,111 Price Per Unit! This professionally managed 1960's construction asset has a great top-heavy unit mix with (7) 2 Bed/1 Bath, (1) 1 Bed/1 Bath & (1) Single with some parking in the back being rented out by tenants. The entire building was re-piped to copper plumbing throughout in 2016 with permits pulled. Unit #9, 1 Bed/1 Bath, is new construction as the owner converted tuck-under parking into an ADU (new C of O and permits issued). On-site laundry room has brand new digital pay washer & dryer machines that are Landlord owned with NO laundry leases. EQ retrofit work has been completed, EQ shut off valves have been installed on the gas meters, and the master water heater was recently replaced -- all work done with permits. Separately metered for gas & electricity, and some units are on RUBS for utility reimbursements to help keep operating costs down. In-place 5.51% cap rate and 10.46x GRM on current rents and T12 actual expenses (Dec '24 to Dec '25), including new tax rate & assessments based on list price. 75% rental upside remaining to a stabilized 11.45% cap rate and 6.23x GRM. Tenant safety features include a gated & secured perimeter and located just 1/2 mile from both LAFD Station 13 and Olympic Community Police Station. Tenants enjoy being centrally located just blocks from both the 10 and 110 freeway entrance/exits, and just over 1 mile from Downtown LA, LA Live, Crypto.com Arena, and more!

Home Facts

Multi-Family

9 Baths

15 Bedrooms

Built in 1961

Price Summary

1,495,000

$310 per Sq. Ft.

MLS #:

25626151

Last Updated:

March 5, 2026, 02:16 PM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

15

Bathrooms

Total Bathrooms:

9

Interior

Living Area:

4,809 Sq. Ft.

Structure

Structure

Building Area:

4,809 Sq. Ft.

Year Built:

1961

Lot

Lot Size (Sq. Ft):

6,551

Finances & Disclosures

Finances

Price:

$1,495,000

Price per Sq. Ft:

$310 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of March 6, 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.