1807 S New Hampshire Avenue

Marcus and Millichap is pleased to present a four (4) unit apartment building located at 1807 S New Hampshire Avenue in Los Angeles, California. The subject property is located in a good Pico Union location north of W Washington Boulevard and west of Vermont Avenue.

Bordered by Olympic Blvd and the Santa Monica Freeway on the north and south, and by the Harbor Freeway and Hoover Street on the east and west, Pico Union is among the city’s most architecturally diverse and distinctive communities. This centrally located neighborhood provides residents with 24-hour entertainment in a rather suburban area. Currently, Pico Union has undergone massive revitalization efforts to increase local desirability and bring in new job opportunities. Investors continue to look towards Pico Union as redevelopment efforts increase. This area also offers residents with easy access to nearly every part of LA via the nearby LA Metro and US -10 and -110 Freeways. 1807 S New Hampshire Avenue is located in the central portion of Pico Union with many walkable commercial corridors. Some of the walkable amenities include Boulon D Amour, Sushi With Attitude, With Love Market & Cafe, Caveman Kitchen, and more.

Built in 2021, this property contains a truly incredible unit mix of four (4) four-bedroom / four-bathroom units. This offering was beautifully designed with two (2) duplexes going up three (3) stories on a 6,548 SF lot with low-maintenance landscaping. The property is gated & secure with garage parking, and on-site surface parking available. Each unit is large at an average of 1,912 SF, and each unit has a 2-car tandem garage. Tenants will appreciate being only a mile and a half away from the University of Southern California (USC). The property is nestled between prime Koreatown and West Adams, both seeing an influx of new development and demand for the overall submarket. This allows the residents dominant access to incredible retail, restaurant, and entertainment amenities all located within close proximity to the campus.

Situated in a good Pico Union location, this offering presents an excellent opportunity for any investor to capitalize on a new construction asset that is free from rent control in a core market of Los Angeles adjacent to Koreatown, West Adams, and USC.