The Brody Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 221 N. New Hampshire Avenue ("The Property"), a 9-unit multifamily asset centrally located in the heart of Los Angeles' Koreatown. The property is ideally situated between 3rd and Beverly Boulevards, just West of Vermont. The property is located on a beautiful palm tree-lined street, a short walking distance to the Beverly/Vermont Metro station, as well as many shopping and dining destinations.
Built in 1986, 221 N. New Hampshire boasts an excellent unit mix, with 8 of the 9 units being 2 bedroom, 2 bath units ranging in size from 810 to 980 square feet. Most units have balconies and all have Central AC & heat.
221 N. New Hampshire Avenue offers investors the opportunity to implement a comprehensive value-add renovation and re-leasing strategy foucused on enhancing the properties interiors and exterior facade to maximize the value of the income producing multifamily asset.