11100 S, New Hampshire Los Angeles, CA 90044
Open House
Thu May 21, 12:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $301
MLS Listing ID SR26086609
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1958
Lot Size 6,507 Sqft
Property Sub-Type Quadruplex
Property Description
The investment blueprint includes a dedicated $90,000 renovation allocation, headlined by a $30,000 Phase I Electrical Infrastructure Upgrade to a full 400A main panel with separate meters. This infrastructure-first approach future-proofs the asset for high-efficiency appliances and mini-split HVAC systems while shifting utility costs to tenants.
With a projected stabilized monthly gross income of $8,650, Project NH11 offers a massive 12.8% pro-forma Cash-on-Cash return and a stabilized 8.61% CAP rate on total basis. Transform this distressed property into a Class-A boutique residence and capture significant forced equity. One unit currently occupied at $950/mo. Sold as-is. Don't miss the cleanest value-add play on the market!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Rooms
Main Level Bedrooms 1
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Quadruplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6076023014
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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