1186 N New Hampshire Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 0 bed, 0 bath
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Los Angeles, California 90029
This Mixed-Use Multi-Unit Asset is listed at $1,900,000, aligning closely with its $1,859,883 Fair Market Value. Boasting a Condition Rating of 3, the property offers immediate ROI through extensive upgrades including Granite Kitchens, Stainless Steel Appliances, and New Windows. The asset includes Six Garages and a Non-Conforming Studio in a high-demand Hollywood pocket near John Marshall Senior High School and Los Feliz STEMM Magnet. This Value-Add opportunity is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking cash flow and appreciation in a supply-constrained rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1186 N New Hampshire Avenue Subject | $1,900,000* List Price | 0 | 0 | 5,584 | $333 | - |
A 1200 N Kenmore Active | $1,340,000 List Price | 0 | 0 | 5,128 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1940, this multi-unit property has undergone significant recent renovations. Three of the six units feature recently upgraded kitchens with granite countertops, stainless steel appliances, new gas lines, electrical, and lighting, along with new bathrooms including updated copper piping, electrical, lighting, and finished materials. The entire building benefits from newly upgraded windows and new garage doors. Hardwood floors are present throughout. While not all units have been modernized to the same extent, and the overall age of the building suggests potential for future capital expenditures, the extensive updates in half the units and common areas make it move-in ready and well-maintained.
Ideally situated in a vibrant Hollywood neighborhood, offering excellent walkability to shops, entertainment, and essential amenities. Proximity to Metro stations (Vermont/Sunset and Vermont/Santa Monica) enhances tenant appeal and accessibility to major employment centers and attractions.
The property benefits from significant recent upgrades, including new windows throughout, hardwood floors, and modernized kitchens (granite, stainless steel, new electrical/gas lines) and bathrooms (updated copper piping, electrical, finished materials) in three of the units.
As a 6-unit apartment building with a mix of 2-bedroom and 1-bedroom units, plus a studio, it offers diverse income streams and strong investment potential in a high-demand rental market.
The presence of one non-conforming studio unit could pose potential legal or permitting challenges and may impact its valuation or rental income compared to fully compliant units.
While three units have been upgraded, the remaining units may require further investment to match the modernized standards, potentially leading to inconsistent rental rates or requiring future capital expenditure for a new owner.
Built in 1940, despite recent upgrades, the property's age suggests a higher likelihood of future capital expenditures for major systems (e.g., roof, foundation, plumbing not explicitly fully replaced, or lack of central HVAC) common in older buildings.
1186 N New Hampshire is a 6-unit apartment building consisting of (1) two-bedroom, one-bath and (5) one-bedroom, one-bath units and 1 non conforming studio. Each unit enjoys a spacious layout with separate dining area, large living area, and enjoys plenty of natural light through the newly upgraded windows across the entire building. Hardwood floors carry throughout. Three of the six units have recently upgraded kitchens that include granite countertops, stainless steel appliances, new gas lines, electrical, and lighting; new bathrooms include updated copper piping, electrical, lighting, and finished materials. The property also holds six garages that have newly installed drywall and new garage doors. The corner lot also allows for plenty of street parking. This property is also ideally located in a vibrant part of Hollywood where there is great walkability to shops and entertainment in the surrounding neighborhood. Conveniently nestled between the Vermont/Sunset and Vermont/Santa Monica Metro station, it is a short walk to Los Angeles City College, Hollywood Presbyterian, Children's Hospital LA, Kaiser Permanente LA, Barnsdall Art Park, and the Hollyhock House.
No exterior & parking available.
Grades K-2 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1940 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 14, 2026
$1,900,000
$1,949,000
-3% Price Drop
Initial Listing
Feb 1, 2026
$1,949,000
$1,999,000
-3% Price Drop
Initial Listing
Oct 1, 2025
$1,999,000
Initial Listing
Feb 19, 2020
$1,685,000
Public Record
Jun 28, 2019
$1,000,000
Public Record