11100 S, New Hampshire, Los Angeles, CA 90044
List Price: $770K
Listing Status: Active
0Days on Market: 0
6 Bedrooms · 4 Bathrooms · 2,550 sq ft
Property Type: Residential
Year Built: 1958
Lot Size: 6,508 sq ft
Private Pool: Yes
MLS Number: SR26086609
About This Property
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!
Listing provided by: Adlai Hayes DRE #01103799 818-863-0799 adlai.hayes@lawsonhayesrealty.com, Adlai Hayes
Source: CRMLS, MLS #: SR26086609
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.