Property Detail

Description

11830 S New Hampshire Ave is a fully renovated 3-unit non-RSO property in one of Los Angeles' fastest-growing neighborhoods with ADU opportunity! It boasts strong income potential with a 5.50% current CAP rate and incredible upside, offering a 58% rental upside, a 8.6% market CAP rate, and a 10.35 market GRM. The front unit is a freestanding four- bedroom with two-full bathrooms. The back duplex consists of (2) two bedroom, 1-bath units. Recent renovations include fresh paint, all new renovated bathrooms and two new renovated kitchens, and astro turf lawns. It has the added potential to increase equity through ADU development. Located in a booming submarket, 11830 S New Hampshire Ave is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation.