$745,000
$770,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
11100 S, New Hampshire Los Angeles, CA 90044
6 Beds
4 Baths
2,550 SqFt
Key Details
Sold Price $745,000
Property Type Condo
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $292
MLS Listing ID SR26086609
Sold Date 08/06/26
Bedrooms 6
Full Baths 4
Year Built 1958
Lot Size 6,508 Sqft
Property Sub-Type All Other Attached
Property Description
Back on the Market! Presenting Project NH11, a premier strategic value-add opportunity in the rapidly appreciating 90044 corridor. This 4-unit asset is delivered 75% vacant (3 out of 4 units empty at close), allowing an investor to bypass tenant buyouts and immediately execute a modernization plan. The property features a rare and high-demand unit mix consisting of one 3-Bedroom/1-Bath flagship unit and three 1-Bedroom/1-Bath units. The investment blueprint includes a dedicated $90,000 renovation allocation, headlined by a $30,000 Phase I Electrical Infrastructure Upgrade to a full 400A main panel with separate meters. This infrastructure-first approach future-proofs the asset for high-efficiency appliances and mini-split HVAC systems while shifting utility costs to tenants. With a projected stabilized monthly gross income of $8,650, Project NH11 offers a massive 12.8% pro-forma Cash-on-Cash return and a stabilized 8.61% CAP rate on total basis. Transform this distressed property into a Class-A boutique residence and capture significant forced equity. One unit currently occupied at $950/mo. Sold as-is. Don't miss the cleanest value-add play on the market!
Location
State CA
County Los Angeles
Direction From the 110 Freeway (Harbor Fwy): Exit at Imperial Highway and head West. Continue for approximately 1 mile to New Hampshire Avenue. Turn South (Left) onto New Hampshire Avenue. The property, 11100 S. New Hampshire Ave, will be on your Right (We
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 6076023014
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard
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Bought with Claudia Rosas Keller Williams Real Estate Services
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