968 S New Hampshire Avenue

Los Angeles, CA 90006

About this property

Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently

About this property

Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,334,000 Active
3,786 sqft

Presented By Coldwell Banker Home Source

Agent Image
Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Keller Williams Realty Los Feliz
1-323-300-1000
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

C17 Mid Wilshire | Los Angeles County |

$ 2,334,000
This listing is play_arrow 205.1% higher than the average in the area
$ 765,000 in the area
3,786 SqFt
This listing is play_arrow 217.6% larger than the average in the area
1,192 SqFt in the area
$ 616 $/SqFt
This listing is play_arrow 3.9% less than the average in the area
$ 642 $/SqFt in the area
83 days on site
This listing is play_arrow 118.4% above the average in the area
38 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Johnny Cho
Brokerage: Keller Williams Realty Los Feliz

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Home Source

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains