Positioned in the heart of East Hollywood, 1233 N New Hampshire Ave, Los Angeles presents a rare 16 unit value add investment opportunity in one of the city’s most dynamic and sought after multifamily submarkets. Built in 1958, the property offers a desirable unit mix of three studios (studio x 3), twelve one bedrooms (1 bed x 12), and one two bedroom (2 bed x 1), with the majority of units currently leased at below market rents, creating significant upside potential through strategic interior renovations and improved management. Amenities include 24 on site parking spaces and a convenient laundry facility, enhancing tenant appeal and long term stability. Ideally located near Fountain Avenue and just moments from Kaiser Permanente, Hollywood Presbyterian Medical Center, and Children’s Hospital Los Angeles, the property benefits from strong rental demand driven by proximity to major employment centers, public transit, and a vibrant mix of dining, shopping, and entertainment in Hollywood, Los Feliz, Silver Lake, Koreatown, and Downtown LA. This is an exceptional opportunity to acquire a well located asset with immediate income and compelling growth potential in the thriving Los Angeles rental market.
MLS #
CRWS26035202
MLS Source
California Regional MLS
Days on Site
23
Appliances
Oven - Gas, Oven Range - Gas
Laundry
Community Facility
Cooling
Central Forced Air - Electric
Heating
Gas, Wall Furnace
Roof
Flat
Garage/Parking
Garage: 24 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
1233 N New Hampshire Ave is a Residential Income in Los Angeles, CA 90029. This – square foot property sits on a 9,931 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,380,000 and was built in 1958. This address can also be written as 1233 N New Hampshire Ave, Los Angeles, CA 90029.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 07, 2026. For the most current information, please contact Edward Chen, (626) 560-5470