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$1,400,000
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Property Description
First time on the market in over 40 years! This well-maintained 12 unit building, built in 1922, is located adjacent to Koreatown- one of Los Angeles' most dynamic and high demand rental markets. This property features 10 studios and 2 one-bedroom, one-bath units. Owner pays water and gas, making this a highly attractive option for tenants. Additional amenities include common area laundry with washer and dryer, and on-site parking for up to 12 vehicles - a rare find in the area. This charming, character-rich property offers income. An ideal opportunity for investors seeking stable cash flow and long-term upside in a prime location.
Full Property Details
Full Property Details for 247 N New Hampshire Ave
General
- Sold For: $1,400,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25146331
- Added to Site: 225 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Dryer Included, Inside, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: KREA - Koreatown
- County: Los Angeles
- Development Name: KREA - Koreatown
- Driving Directions: South 101 exit Vermont, right on Rosewood Ave., left on New Hampshire.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 12
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Entry Location: First door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 7,736
- Year Built: 1922
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2191
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Front Yard, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $180.97
- Price Per Unit: 116667
Listed by Century 21 Masters, Carlos Alfaro
Sold by Century 21 Masters, Enrique Campos
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Schools
Schools serving 247 N New Hampshire Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Frank Del Olmo Elementary School 100 North New Hampshire Avenue, Los Angeles, CA 90004 | K-5 | 0.2 mi |
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004 | 6-8 | 0.2 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 247 N New Hampshire Ave
Date
Details
Price
Change
Source
8/27/2025
Sold
$1,400,000
—
MLS
6/30/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
247 N New Hampshire Avenue, Los Angeles, CA 90004 (MLS# SR25146331) is a Multi-Family property that was sold at $1,400,000 on August 27, 2025. Want to learn more about 247 N New Hampshire Avenue? Do you have questions about finding other Multi-Family real estate for sale in Koreatown? You can browse all Koreatown real estate or contact a Coldwell Banker agent to request more information.

