$ 1,125,000
1143 N New Hampshire AVE Los Angeles, CA 90029
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$ 1,125,000
Est. payment /mo
Price Dropped by $50K
1143 N New Hampshire AVE Los Angeles, CA 90029
4 Beds
2 Baths
2,476 SqFt
UPDATED:
11/26/2024 03:28 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,476 sqft
Price per Sqft $454
MLS Listing ID 24450279
Bedrooms 4
HOA Y/N No
Year Built 1923
Lot Size 6,751 Sqft
Property Description
This versatile duplex, located on a generous 6,750 sq. ft. lot, offers an exceptional opportunity in the heart of Los Feliz. Positioned between the vibrant Sunset/Vermont and Santa Monica Metro stations and adjacent to Barnsdall Park, the property consists of two spacious units, each having two bedrooms, one bathroom, and large public rooms. The floor plans mirror each other, featuring a clean and symmetrical layout, along with a well-maintained structure that offer various possibilities. The spacious two-car garage, currently used for storage, also presents an opportunity for added value through repurposing. The driveway accommodates three cars with tandem parking. There is the potential to add an additional bedroom, with bath, through renovation of the existing space in each unit. Additionally, this property offers the potential to build up to nine units or maintain as-is in a highly sought-after sub-market with limited inventory and high demand. Recent upgrades and repairs make this property move-in ready and ensure lasting value. Unit 1143 has seen a variety of enhancements including kitchen , and bathroom faucet replacements, and electrical upgrades such as new light switches, outlets, and additional bedroom outlets. The unit features recent appliance upgrades, with a new dishwasher, dryer, washer, and garbage disposal installed between 2021 and 2024. Additionally, the A/C was replaced in 2013, with a new circuit board and blower fan motor added in 2023 and 2024, respectively. Various ceiling and wall repairs have also been completed for added comfort and durability. Unit 1145 has similarly benefited from electrical updates, including new outlets, switches, and ceiling sheetrock. Appliances such as the refrigerator, oven, and stove vent were replaced in 2021, while the hot water heater was replaced in 2021 and again in 2023. The A/C was upgraded in 2015, and the bathroom faucet has been updated as well. The unit also boasts new patio bricks in the private spacious backyard garden area. The property's exterior has been well cared for, and new roofing was installed on both the main house and garage (excluding front terracotta tiles) in 2023. Additional exterior improvements include a divided backyard fence, new retaining wall, landscaping, and a divided garage with added lighting, outlets, and a side door. A sewer line clean out with new access has also been installed for improved functionality. This rare find, in a prime location, is poised to meet the needs of any homeowner or investor. As of 2/1/2025 rent for unit 1143 is $2,191.00 and unit 1145 has been leased as of 12/01/2024 for 1 year at $3100.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Refrigerator
Exterior
Attached Garage No
Total Parking Spaces 2
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5540021010
Special Listing Condition Standard
Listed by David Bader • Keller Williams Beverly Hills