Contacts
Property Details
- Property Type Other
- Property Size 11,792 SF
- Lot Size 9,015 SF
- Year Built 1989
- Date Updated Apr 17, 2025
The Ghobadi Investment Team of Colliers International is pleased to present the exclusive offering of 311 South New Hampshire Avenue, a well-maintained 16-unit multifamily asset located in the thriving Koreatown neighborhood of Los Angeles.
Built in 1989, the property is exempt from Los Angeles Rent Stabilization Ordinance (RSO) and governed by AB 1482, allowing for annual rent increases of 5% plus CPI - a notable advantage for investors seeking consistent revenue growth.
The unit mix features eight (8) two-bedroom / two-bathroom units and eight (8) one-bedroom / one-bathroom units, offering spacious layouts ideal for the area’s strong tenant base. Five units have been renovated with new flooring, upgraded kitchens and bathrooms, new appliances and countertops etc.
Residents benefit from on-site laundry facilities and secure gated parking with 22 spaces. Strategically positioned in a high-demand rental corridor of Koreatown, the property is within close proximity to dining, retail, and entertainment destinations, and just minutes from the 101 Freeway.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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95/100
Walk Score ®
-
77/100
Transit Score ®
-
66/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Koreatown
- Zip Code 90020
- Market Los Angeles
Points of Interest
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Vermont/Beverly Station
0.56 miles
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Wilshire/Normandie Station
0.66 miles
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Wilshire/Normandie
0.66 miles
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Wilshire/Western
1.00 miles
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Wilshire/Western Station
1.00 miles
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Westlake/MacArthur Park
1.27 miles
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Vermont/Santa Monica South Entrance
1.41 miles
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Vermont/Santa Monica North Entrance
1.52 miles
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Vermont/Santa Monica
1.52 miles
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Vermont/Sunset
2.06 miles
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76
0.09 miles
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Chevron
0.35 miles
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Shell
0.89 miles
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Mobil
1.03 miles
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Arco
1.37 miles
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Sinclair
1.42 miles
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Electric Vehicle Charging Station
3.30 miles
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FLO
5.59 miles
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Tesla Supercharger
6.11 miles
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Parking electrique
6.42 miles
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Vermont & WIlshire Parking Lot -LADOT Facility No. 691
0.57 miles
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SP+
0.67 miles
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Western Avenue Parking Garage
1.03 miles
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FM Parking Lot
1.06 miles
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MO Parking Lot
1.11 miles
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LACC Lot 3 & 4
1.15 miles
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LACC Parking Lot 2
1.15 miles
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LACC Parking Lot 1
1.15 miles
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Braille Institute Parking Lot
1.17 miles
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Metro Kiss and Ride
1.31 miles
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Alexandria Motel
0.25 miles
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Best Western Plus La Mid-Town Hotel
0.36 miles
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Shelter Hotel
0.42 miles
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Hotel Normandie
0.57 miles
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Koryu
0.57 miles
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Avenue Hotel, Ascend Hotel Collection
0.59 miles
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The Line
0.63 miles
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Silver Lake Hotel
0.69 miles
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Hometel Suites
0.79 miles
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ROOM AND BOARDING
0.96 miles
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Ralphs
0.16 miles
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Vons
0.16 miles
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Jon's Marketplace
0.17 miles
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Seafood City
0.25 miles
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Galleria Market - Galleria Vermont
0.25 miles
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H Mart
0.47 miles
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Target
0.55 miles
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Chapines Express
0.57 miles
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El Potrillo
0.63 miles
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Beverly Plaza
0.68 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
