1245 N New Hampshire Avenue 4, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath
1245 N New Hampshire Avenue 4
Los Angeles, California 90029
Property Price
SUMMARY
Analysis of 1245 N New Hampshire Avenue 4, Los Angeles, California 90029 is currently available with a list price of $980,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built between 2022 and 2024, making it virtually brand new. The listing details confirm modern features including upgraded wood and tile flooring, multi-zone AC/heating, and a kitchen equipped with new appliances (range/oven, dishwasher, microwave, washer/dryer). The master bathroom features a tiled shower and a separate soaking tub, indicating contemporary design and high-quality finishes. All visible areas in the provided images showcase a pristine, modern aesthetic with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for new construction.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Features
Built recently (2022-2024) with multi-zone AC/heating, upgraded wood/tile flooring, and a master suite featuring a soaking tub, offering contemporary comfort and style.
- Strategic Urban Location
Situated in East Hollywood, providing excellent walkability to major educational institutions and close proximity to vibrant neighborhoods like Silver Lake, Los Feliz, and Hollywood attractions.
- Strong Investment Potential
Offers significant rental income potential ($5,200-$9,000/month) and the flexibility for individual or bulk purchase of units, appealing to investors.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $450 monthly HOA fee is a considerable recurring expense that adds to the overall cost of ownership.
- Contingent High Rental Income
The highest potential rental income ($9,000/month) is contingent on obtaining a short-term rental license, introducing uncertainty for investors relying on this figure.
- Condo Living Limitations
As one of nine units in a complex, it may offer less privacy and limited private outdoor space (57 sqft balcony) compared to single-family homes, which might not appeal to all buyer preferences.
About 1245 N New Hampshire Avenue 4
**Special Offer: $980000!$655/SF! This modern gated condo, built between 2022 and 2024, features independent ownership and includes two garage spaces for added convenience. Located in a prime area of East Hollywood, it is within walking distance of City College, Los Angeles Film School, Southwestern Law School, and Musicians Institute. The condo includes 3 ensuite bedrooms, 3.5 bathrooms, an office, a breakfast bar, a dining area, and a living room. The master bedroom features a tiled shower and a separate soaking tub. The kitchen has a range/oven, dishwasher, microwave, and washer/dryer, all within 1382 square feet of upgraded wood and tile flooring. (57SF Balcony) Additional amenities include multi-zone AC and heating for year-round comfort. HOA dues are $450 per month, covering insurance and trash. Residents can enjoy community BBQs, yard access, and an auto driveway gate. Situated in one of the coolest neighborhoods, this property is known for its diverse dining options and proximity to attractions like Silver Lake, Los Feliz, Hollywood Boulevard, Griffith Observatory, Getty Center, and Melrose Hill. This condo is an excellent place to live or rent out for investment, with a potential rental income of $5,200 to $9,000(pending short-term rental license) per month per unit. There are 9 units available, which can be purchased individually or together. unit1:$1,035,000;(3B3.5BA,1479SF) unit2:$960,00; (2B/2.5BA,1324SF) unit3:$980,000; (3B/2.5BA,1366SF) unit4,$1,080,000; (3B/3.5BA,1382SF) unit5:980,000; (3B/3.5BA,1382SF) unit6:1,020,000; (3B/3.5B,1460SF) unit7:1,020,000; (3B/3.5BA,1460SF) unit 8:1,080,000; (3B/3.5BA,1535SF) units 9:1,080,000; (3B/3.5BA,1535SF) 9 units asking price $9M!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- 9,935 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lexington Avenue Primary Center
Grades K-2 • 0.3 mi
Ramona Elementary School
Grades K-6 • 0.4 mi
Lockwood Avenue Elementary School
Grades K-6 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 4.0 | 1.0 | 86% |
| Square foot | 1,382 | 970 | 71% |
| Lot Size | 9,935 | 9,302 | 57% |
| Price | $980.0K | $750.0K | 71% |
| Price per sq ft | $709 | $720 | 43% |
| Built year | 2022 | 1941 | 86% |
| HOA | $450.0 | $419 | 71% |
| Days on market | 346 | 134 | 0% |
Pricing History
Listed for Sale
Aug 15, 2025
$980,000
Initial Listing
Price Change
Mar 25, 2025
$1,080,000
Initial Listing
Sold
May 13, 2022
$1,025,000
Public Record