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1245 N New Hampshire Avenue 9, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath

1245 N New Hampshire Avenue 9, Los Angeles, California 90029 home-pic-0
ACTIVE$1,080,000
1245 N New Hampshire Avenue 9, Los Angeles, California 90029
3Beds
4Baths
1,535Sqft
9,935Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Features: Built between 2022-2024, this modern condo boasts upgraded wood and tile flooring, multi-zone AC/heating, and new kitchen appliances, ensuring contemporary comfort and minimal immediate maintenance.
Top Cons:
High HOA Dues: The monthly HOA fee of $450, while covering insurance and trash, represents a significant recurring cost that could impact overall affordability and investment returns.

Compared to the nearby listings

Price:$1.08M vs avg $790.0K (+$290,000)83%
Size:1,535 sqft vs avg 1,096 sqft83%
Price/sqft:$704 vs avg $70150%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a newly constructed condominium. The description highlights it as a 'modern gated condo' with 'upgraded wood and tile flooring,' 'multi-zone AC and heating,' and a kitchen featuring new stainless steel appliances (range/oven, dishwasher, microwave, washer/dryer). The master bathroom includes a tiled shower and separate soaking tub. The provided images confirm a contemporary design with new, high-quality finishes throughout, including modern cabinetry, countertops, light fixtures, and flooring. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$1.08M
Original List price
$1.08M
Price/Sqft
$704
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25064273
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Open to lease !$4900/month !**Special Offer: $698/SF! UNIT 9 ASKING: $1,080,000. His 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 features a range/oven, dishwasher, microwave, and washer/dryer, all within 1,535 square feet of upgraded wood and tile flooring. 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 automatic 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!

Nearby schools

/10
Lexington Avenue Primary Center
Public,•K-2•0.3mi
3/10
Ramona Elementary School
Public,•K-6•0.4mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.5mi
5/10
Kingsley Elementary School
Public,•K-5•0.5mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.5mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.9mi
4/10
Grant Elementary School
Public,•K-6•1.2mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•1.2mi
3/10
Harvard Elementary School
Public,•K-5•1.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.5mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.5mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.6mi
5/10
Cahuenga Elementary School
Public,•K-5•1.8mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.7mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.4mi
5/10
Virgil Middle School
Public,•6-8•1.4mi
4/10
Young Oak Kim Academy
Public,•6-8•2.2mi
7/10
John Burroughs Middle School
Public,•6-8•3.3mi
4/10
Helen Bernstein High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•1.3mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.4mi
6/10
Hollywood Senior High School
Public,•9-12•2.6mi
3/10
Belmont Senior High School
Public,•9-12•2.9mi
7/10
Fairfax Senior High School
Public,•9-12•3.9mi

Price History

Date
Event
Price
03/25/25
Sold
$2,627,500
Condition Rating
Excellent
This property was built in 2022, making it a newly constructed condominium. The description highlights it as a 'modern gated condo' with 'upgraded wood and tile flooring,' 'multi-zone AC and heating,' and a kitchen featuring new stainless steel appliances (range/oven, dishwasher, microwave, washer/dryer). The master bathroom includes a tiled shower and separate soaking tub. The provided images confirm a contemporary design with new, high-quality finishes throughout, including modern cabinetry, countertops, light fixtures, and flooring. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Features: Built between 2022-2024, this modern condo boasts upgraded wood and tile flooring, multi-zone AC/heating, and new kitchen appliances, ensuring contemporary comfort and minimal immediate maintenance.
Prime East Hollywood Location: Situated in a highly desirable East Hollywood neighborhood, offering excellent walkability to major educational institutions (City College, LA Film School, Southwestern Law School) and close proximity to diverse dining and cultural attractions like Silver Lake and Hollywood Boulevard.
Strong Investment Potential: The property presents significant investment opportunity with a projected rental income of $5,200 to $9,000 per month, further enhanced by the availability of multiple units for individual or bulk purchase.
Spacious & Functional Layout: Featuring 1,535 square feet with 3 ensuite bedrooms, 3.5 bathrooms, and a dedicated office, the layout provides ample space, privacy, and versatility for residents or tenants.
Security & Convenience: The gated community with an automatic driveway gate offers enhanced security, complemented by two dedicated garage spaces and community amenities such as BBQs and yard access.

Cons

High HOA Dues: The monthly HOA fee of $450, while covering insurance and trash, represents a significant recurring cost that could impact overall affordability and investment returns.
Contingent Maximum Rental Income: The higher end of the projected rental income ($9,000/month) is contingent on obtaining a short-term rental license, introducing an element of uncertainty and potential regulatory hurdles for investors aiming for maximum returns.
Limited Private Outdoor Space: While community yard access and BBQs are available, the description does not specify private outdoor spaces like balconies or patios for individual units, which may be a drawback for some buyers seeking personal outdoor living areas.

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