11100 S, New Hampshire, Los Angeles, CA, US, 90044
11100 S, New Hampshire, Los Angeles, CA, US, 90044Basics
- Date added: Added 3 months ago
- Category: Residential
- Type: Quadruplex
- Status: Active
- Bedrooms: 6
- Bathrooms: 4
- Area: 2550 sq ft
- Lot size: 6508, 6508 sq ft
- Year built: 1958
- View: None
- County: Los Angeles
- MLS ID: SR26086609
Description
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Description:
Back on the Market! Presenting Project NH11, a premier strategic value-add opportunity in the rapidly appreciating 90044 corridor. This 4-unit asset is delivered 75% vacant (3 out of 4 units empty at close), allowing an investor to bypass tenant buyouts and immediately execute a modernization plan. The property features a rare and high-demand unit mix consisting of one 3-Bedroom/1-Bath flagship unit and three 1-Bedroom/1-Bath units.
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!
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Location
- Directions: From the 110 Freeway (Harbor Fwy): Exit at Imperial Highway and head West. Continue for approximately 1 mile to New Hampshire Avenue. Turn South (Left) onto New Hampshire Avenue. The property, 11100 S. New Hampshire Ave, will be on your Right (We
- Lot Size Acres: 0.1494 acres
Building Details
- Structure Type: Quadruplex
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre
- Sewer: PublicSewer
- Common Walls: OneCommonWall,NoOneAbove,NoOneBelow
- Garage Spaces: 0
- Levels: One
Amenities & Features
- Pool Features: None
- Parking Total: 0
- Cooling: None
- Fireplace Features: None
- Interior Features: AllBedroomsDown
- Laundry Features: None
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Adlai Hayes
- Agent MLS: F210008207
- Agent email: adlai.hayes@lawsonhayesrealty.com
- Agent officephone: 818-863-0799
Miscellaneous
- List Office Name: Adlai Hayes
- Listing Terms: Exchange1031
- Common Interest: None
- Community Features: Curbs,Sidewalks
- Attribution Contact: 818-863-0799
