Map of Property

16 unit multifamily asset in thriving Koreatown (Los Angeles)

311 S New Hampshire Ave, Los Angeles, CA 90020

  • For Sale $4,450,000
  • Property Type Other
  • Lot Size 9,015 SF
  • Year Built 1989
  • Date Updated May 9, 2025

The Ghobadi Investment Team of Colliers International is pleased to present the exclusive offering of 311 South New Hampshire Avenue, a well-maintained 16-unit multifamily asset located in the thriving Koreatown neighborhood of Los Angeles.

Built in 1989, the property is exempt from Los Angeles Rent Stabilization Ordinance (RSO) and governed by AB 1482, allowing for annual rent increases of 5% plus CPI - a notable advantage for investors seeking consistent revenue growth.

The unit mix features eight (8) two-bedroom / two-bathroom units and eight (8) one-bedroom / one-bathroom units, offering spacious layouts ideal for the area’s strong tenant base. Five units have been renovated with new flooring, upgraded kitchens and bathrooms, new appliances and countertops etc.

Residents benefit from on-site laundry facilities and secure gated parking with 22 spaces. Strategically positioned in a high-demand rental corridor of Koreatown, the property is within close proximity to dining, retail, and entertainment destinations, and just minutes from the 101 Freeway.

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Attachments

Contacts

broker
Reza Ghobadi

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    77/100 Excellent Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Koreatown
  • Zip Code 90020
  • Market Los Angeles

Points of Interest

  • Vermont/Beverly Station

    0.56 miles

  • Wilshire/Normandie Station

    0.66 miles

  • Wilshire/Normandie

    0.66 miles

  • Wilshire/Western

    1.00 miles

  • Wilshire/Western Station

    1.00 miles

  • Westlake/MacArthur Park

    1.27 miles

  • Vermont/Santa Monica South Entrance

    1.41 miles

  • Vermont/Santa Monica North Entrance

    1.52 miles

  • Vermont/Santa Monica

    1.52 miles

  • Vermont/Sunset

    2.06 miles

  • 76

    0.09 miles

  • Chevron

    0.35 miles

  • Shell

    0.89 miles

  • Mobil

    1.03 miles

  • Arco

    1.37 miles

  • Sinclair

    1.42 miles

  • Electric Vehicle Charging Station

    3.30 miles

  • FLO

    5.59 miles

  • Tesla Supercharger

    6.11 miles

  • Parking electrique

    6.42 miles

  • Vermont & WIlshire Parking Lot -LADOT Facility No. 691

    0.58 miles

  • SP+

    0.67 miles

  • Western Avenue Parking Garage

    1.03 miles

  • FM Parking Lot

    1.06 miles

  • MO Parking Lot

    1.11 miles

  • LACC Lot 3 & 4

    1.15 miles

  • LACC Parking Lot 2

    1.15 miles

  • LACC Parking Lot 1

    1.15 miles

  • Braille Institute Parking Lot

    1.17 miles

  • Metro Kiss and Ride

    1.31 miles

  • Alexandria Motel

    0.25 miles

  • Best Western Plus La Mid-Town Hotel

    0.36 miles

  • Shelter Hotel

    0.42 miles

  • Hotel Normandie

    0.57 miles

  • Koryu

    0.57 miles

  • Avenue Hotel, Ascend Hotel Collection

    0.59 miles

  • The Line

    0.63 miles

  • Silver Lake Hotel

    0.68 miles

  • Hometel Suites

    0.79 miles

  • ROOM AND BOARDING

    0.96 miles

  • La Morenita Oaxaqueña

    0.02 miles

  • Hawaiian B.B.Q. House

    0.02 miles

  • কস্তুরী - Kasturi

    0.04 miles

  • Fratelli's

    0.04 miles

  • Emanuel

    0.05 miles

  • Rikas

    0.05 miles

  • 천하만두 Dumpling House

    0.06 miles

  • Biriyani Kabob House

    0.07 miles

  • Don Lino's

    0.07 miles

  • Las Tunas

    0.07 miles

  • Cutler Academy

    0.20 miles

  • Creative Skills Nursing School

    0.21 miles

  • CNCA Kayne Siart K-8

    0.23 miles

  • International Reformed University & Seminary

    0.24 miles

  • Dongguk Royal University

    0.29 miles

  • World Mission University

    0.34 miles

  • Olmo Elementary

    0.34 miles

  • Young Oak Kim Academy

    0.41 miles

  • Virgil Middle School

    0.43 miles

  • Commonwealth Elementary School

    0.43 miles

  • Morning Star Education Center

    1.07 miles

  • Komitas

    2.23 miles

  • Vine Street Early Education Center

    2.42 miles

  • Neighborhood Nursery School

    2.95 miles

  • HIC Daycare

    3.09 miles

  • Ralph M. Parsons Preschool

    3.96 miles

  • San Antonio de Padua Academy Preschool

    4.34 miles

  • Vernon Adult Day Program

    4.70 miles

  • Gates Early Education Center

    5.07 miles

  • Jim Gilliam Child Care Center

    5.19 miles

Frequently Asked Questions

How much does 16 unit multifamily asset in thriving Koreatown (Los Angeles) cost?

The space currently listed for sale at 16 unit multifamily asset in thriving Koreatown (Los Angeles) asks for $4,450,000.

What is the total square footage of 16 unit multifamily asset in thriving Koreatown (Los Angeles)?

16 unit multifamily asset in thriving Koreatown (Los Angeles) totals 11,792 square feet.

When was this property built?

16 unit multifamily asset in thriving Koreatown (Los Angeles) was built in 1989.

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Contact Listing Broker
broker
Reza Ghobadi
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