We are pleased to present 311 S New Hampshire Avenue, a rare opportunity to acquire a 16-unit apartment building located in the heart of Los Angeles’ dynamic Koreatown submarket. Built in 1989, the property benefits from exemption to the City of Los Angeles Rent Stabilization Ordinance, providing investors with operational flexibility and the ability to capture substantial rental upside. The property is subject only to AB 1482, allowing for continued rent growth aligned with market performance. Situated on a desirable residential street just moments from Koreatown’s premier dining, retail, and employment centers, 311 S New Hampshire Avenue offers an exceptional unit mix consisting of eight one-bedroom, one-bath units and eight two-bedroom, two-bath units. This balanced configuration appeals to a broad tenant base, including young professionals, couples, and families seeking quality housing in one of Los Angeles’ most vibrant urban neighborhoods. The property has been professionally managed and features desirable amenities including secured subterranean parking and an on-site laundry facility, enhancing tenant convenience while providing additional income potential. With strong in-place income and meaningful rental upside potential, investors are presented with the opportunity to increase cash flow and long-term asset value through strategic management and interior upgrades. 311 S New Hampshire Avenue represents a rare opportunity to acquire a newer-vintage multifamily asset in Koreatown, one of Los Angeles’ strongest and most supply-constrained rental markets. The combination of its favorable vintage, ideal unit mix, prime location, and upside potential positions the property as an exceptional long-term investment.
Property Details
Price:
$4,150,000
MLS #:
26660495
Status:
Active
Beds:
24
Baths:
24
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Mar 5, 2026
Finished Sq Ft:
11,792
Total Sq Ft:
11,792
Lot Size:
9,018 sqft / 0.21 acres (approx)
Year Built:
1989
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Exterior
Parking Spots
24
Financial
Map
Community
- Address311 S New Hampshire AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 09, 2026
7,146
Single Family Listed
82
Avg DOM
510
Avg $ / SqFt
$1,493,434
Avg List Price
Property Summary
- 311 S New Hampshire AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90020. It is listed for $4,150,000 and features 24 beds, 24 baths, and has approximately 11,792 square feet of living space, and was originally constructed in 1989. The current price per square foot is $352. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,493,434.
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