1629 S New󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 Hampshire Ave is a 2023 new construction, non-rent-controlled 5-unit property located just minutes from USC. Delivered 100% leased at market rents and offering a REAL 6.64% cap rate, New Hampshire provides immediate cash flow from day one in a high-demand central Los Angeles rental market. Spanning an impressive 7,861 square feet across two modern buildings, the property features three spacious 3-bedroom residences and two massive 5-bedroom/5-bathroom residences. Each unit offers large, open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, private balconies, and modern finishes throughout. Eight on-site parking spaces conveniently accessed from the rear alley further enhance tenant appeal. All units are separately metered for gas, electric, AND water, helping keep operating expenses exceptionally low and making this a truly turnkey, low-maintenance investment. Offered at $2,699,000, the property trades at just $343 per square foot and $539,800 per unitan attractive basis for nearly 7,900 square feet of newer construction. Ideally positioned near USC, Downtown LA, and Koreatown, residents enjoy convenient access to major employment, education, dining, and entertainment hubs, as well as the 10 and 110 freeways. With its strong current yield, oversized units, low operating expenses, and high-quality construction, 1629 S New Hampshire offers a rare opportunity to acquire a fully stabilized newer construction asset in central Los Angeles. 1629 S New Hampshire Ave is a 2023 new construction, non-rent-controlled 5-unit property located just minutes from USC. Delivered 100% leased at market rents and offering a REAL 6.64% cap rate, New Hampshire provides immediate cash flow from day one in a high-demand central Los Angeles rental market. Spanning an impressive 7,861 square feet across two modern buildings, the property features three spacious 3-bedroom residences and two massive 5-bedroom/5-bathroom residences. Each unit offers large, open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, private balconies, and modern finishes throughout. Eight on-site parking spaces conveniently accessed from the rear alley further enhance tenant appeal. All units are separately metered for gas, electric, AND water, helping keep operating expenses exceptionally low and making this a truly turnkey, low-maintenance investment. Offered at $2,699,000, the property trades at just $343 per square foot and $539,800 per unitan attractive basis for nearly 7,900 square feet of newer construction. Ideally positioned near USC, Downtown LA, and Koreatown, residents enjoy convenient access to major employment, education, dining, and entertainment hubs, as well as the 10 and 110 freeways. With its strong current yield, oversized units, low operating expenses, and high-quality construction, 1629 S New Hampshire offers a rare opportunity to acquire a fully stabilized newer construction asset in central Los Angeles.

Listed by Cheyenne Womack of Myunits.com Inc. (805) 973-7470



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026