Multifamily
1172 N New Hampshire Ave
1172 N New Hampshire Ave, Los Angeles, CA 90029
Listing Price: $4,550,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is delighted to present for sale 1172 North New Hampshire Avenue, a 23-unit, three-story apartment complex situated in the charming enclave
of Virgil Village.
Positioned within Virgil Village, a unique pocket nestled between the allure of Los Feliz and the vibrancy of Silver Lake, 1172 North New Hampshire Avenue offers residents a blend of community charm and urban convenience. With a commendable 93 walk score, residents are just footsteps away from hip eateries like Sqirl and Melody, while also enjoying seamless access to nearby hotspots such as Silver Lake, Koreatown, Larchmont Village, Griffith Park, and DTLA.
Resting on a 6,517 square foot parcel, this three-story property exclusively offers studio units, catering to the modern urbanite seeking a blend of simplicity and style in the heart of Virgil Village. Given its strategic location and specialized unit offering, 1172 North New Hampshire Avenue represents a valuable asset for investors, underscoring the potential for rental appreciation in a district experiencing continuous urban growth and renewal.
1172 N New Hampshire Ave
Investment Highlights
- Part of a 6-property, 195-unit Portfolio. Properties may be purchased an Individual, Portfolio or Sub Portfolio Basis (Westlake Trio Buildings must be purchased together)
- An Investor will have the Opportunity to Capture 63% Rental Upside on the Remaining Non-Renovated Units
- The Property is Located in Close Proximity to the Vibrant Restaurants, Cafes, Bars, Theaters, Grocery Stores, Gyms and Employment Opportunities in Virgil Village & East Hollywood
- With a 93 walk score, 1172 North New Hampshire Avenue Places Residents Steps from Virgil Village's Best, Amplifying Urban Appeal
- The Offering is Located Within a 15 Minute Radius of Over 100 Million SF of Office which Attracts High Income Tenant Profiles and Drives Rental Growth
Exclusively Listed By
Financing By
Listing Price: $4,550,000
Investment Highlights
- Part of a 6-property, 195-unit Portfolio. Properties may be purchased an Individual, Portfolio or Sub Portfolio Basis (Westlake Trio Buildings must be purchased together)
- An Investor will have the Opportunity to Capture 63% Rental Upside on the Remaining Non-Renovated Units
- The Property is Located in Close Proximity to the Vibrant Restaurants, Cafes, Bars, Theaters, Grocery Stores, Gyms and Employment Opportunities in Virgil Village & East Hollywood
- With a 93 walk score, 1172 North New Hampshire Avenue Places Residents Steps from Virgil Village's Best, Amplifying Urban Appeal
- The Offering is Located Within a 15 Minute Radius of Over 100 Million SF of Office which Attracts High Income Tenant Profiles and Drives Rental Growth
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is delighted to present for sale 1172 North New Hampshire Avenue, a 23-unit, three-story apartment complex situated in the charming enclave of Virgil Village. Positioned within Virgil Village, a unique pocket nestled between the allure of Los Feliz and the vibrancy of Silver Lake, 1172 North New Hampshire Avenue offers residents a blend of community charm and urban convenience. With a commendable 93 walk score, residents are just footsteps away from hip eateries like Sqirl and Melody, while also enjoying seamless access to nearby hotspots such as Silver Lake, Koreatown, Larchmont Village, Griffith Park, and DTLA. Resting on a 6,517 square foot parcel, this three-story property exclusively offers studio units, catering to the modern urbanite seeking a blend of simplicity and style in the heart of Virgil Village. Given its strategic location and specialized unit offering, 1172 North New Hampshire Avenue represents a valuable asset for investors, underscoring the potential for rental appreciation in a district experiencing continuous urban growth and renewal.
Exclusively Listed By
Financing By
