# 311 S New Hampshire Ave, Los Angeles, CA 90020

> **TL;DR:** 24bd/24ba residential multi family, $4,150,000 ($352/sqft), built 1989, 11,792 sqft.
> A/C. Est. $17,983/mo. Listed 36 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,150,000 |
| Price/sqft | $352 |
| Bedrooms | 24 |
| Bathrooms | 3 full |
| Square Feet | 11,792 |
| Year Built | 1989 |
| Lot Size | 9,017 sqft (0.21 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 36 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17,983 |
| **Total** | **$17,983** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1989
- 0.21 acre lot
- 2 stories
- 24 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 311 S New Hampshire Ave, Los Angeles, CA 90020
- **County:** Los Angeles
- **Coordinates:** 34.068633, -118.293295
- **Google Maps:** https://www.google.com/maps?q=34.068633,-118.293295

## Listing Agent

- **Name:** Jonathan Taksa
- **Brokerage:** Remax Commercial and Investment Realty
- **Phone:** 3109685303
- **Email:** jon@taksainvestment.com

## Primary Photo

![311 S New Hampshire Ave - Primary Photo](http://lh.rdcpix.com/bfab380027e420383ceb728cacf06cc7l-f4279393005r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/311-s-new-hampshire-ave-los-angeles-ca-90020-26660495)*

---

**MLS#:** 26660495 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/311-s-new-hampshire-ave-los-angeles-ca-90020-26660495)

---

## Structured Data

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