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1245 N New Hampshire Avenue 2, Los Angeles, California 90029, Los Angeles, 90029 - 2 bed, 3 bath

1245 N New Hampshire Avenue 2, Los Angeles, California 90029 home-pic-0
ACTIVE$867,000
1245 N New Hampshire Avenue 2, Los Angeles, California 90029
2Beds
3Baths
1,324Sqft
9,935Lot
Year Built
2022
Close
-
List price
$867K
Original List price
$960K
Price/Sqft
$655
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25063319
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $867.0K(57th), sqft - 1324(71th), beds - 2(50th), baths - 3(71th).

Open to lease $4500/month!*Special Offer: $867000!$650/SF!** This modern gated condo, built between 2022 and 2024, features independent ownership and includes two garage spaces for added convenience. Located in a prime area of East Hollywood, it is within walking distance of City College, Los Angeles Film School, Southwestern Law School, and Musicians Institute. The condo includes 2 ensuite bedrooms, 2.5 bathrooms, an office, a breakfast bar, a dining area, and a living room. The master bedroom features a tiled shower and a separate soaking tub. The kitchen has a range/oven, dishwasher, microwave, and washer/dryer, all within 1324 square feet of upgraded wood and tile flooring. Additional amenities include multi-zone AC and heating for year-round comfort. HOA dues are $450 per month, covering insurance and trash. Residents can enjoy community BBQs, yard access, and an automatic driveway gate. Situated in one of the coolest neighborhoods, this property is known for its diverse dining options and proximity to attractions like Silver Lake, Los Feliz, Hollywood Boulevard, Griffith Observatory, Getty Center, and Melrose Hill. This condo is an excellent place to live or rent out for investment, with a potential rental income of $5,200 to $9,000(pending short-term rental license) per month per unit. There are 9 units available, which can be purchased individually or together. unit1:$1,035,000;(3B3.5BA,1479SF) unit2:$960,00; (2B/2.5BA,1324SF) unit3:$980,000; (3B/2.5BA,1366SF) unit4,$1,080,000; (3B/3.5BA,1382SF) unit5:980,000; (3B/3.5BA,1382SF) unit6:1,020,000; (3B/3.5B,1460SF) unit7:1,020,000; (3B/3.5BA,1460SF) unit 8:1,080,000; (3B/3.5BA,1535SF) units 9:1,080,000; (3B/3.5BA,1535SF) 9 units asking price $9M!

Nearby schools

/10
Lexington Avenue Primary Center
Public,•K-2•0.3mi
3/10
Ramona Elementary School
Public,•K-6•0.4mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.5mi
5/10
Kingsley Elementary School
Public,•K-5•0.5mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.5mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.9mi
4/10
Grant Elementary School
Public,•K-6•1.2mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•1.2mi
3/10
Harvard Elementary School
Public,•K-5•1.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.5mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.5mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.6mi
5/10
Cahuenga Elementary School
Public,•K-5•1.8mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.7mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.4mi
5/10
Virgil Middle School
Public,•6-8•1.4mi
4/10
Young Oak Kim Academy
Public,•6-8•2.2mi
7/10
John Burroughs Middle School
Public,•6-8•3.3mi
4/10
Helen Bernstein High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•1.3mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.4mi
6/10
Hollywood Senior High School
Public,•9-12•2.6mi
3/10
Belmont Senior High School
Public,•9-12•2.9mi
7/10
Fairfax Senior High School
Public,•9-12•3.9mi

Price History

Date
Event
Price
08/15/25
Price Change
$867,000
03/25/25
Sold
$4,066,500
03/25/25
Listing
$960,000
Condition Rating
Excellent
This condo was built between 2022 and 2024, making it virtually brand new. The description highlights upgraded wood and tile flooring, multi-zone AC and heating, and new kitchen appliances (range/oven, dishwasher, microwave, washer/dryer). Images confirm a modern aesthetic with flat-panel cabinetry, stainless steel appliances, contemporary light fixtures (recessed lighting), and a sleek design throughout. The master bathroom features a tiled shower and separate soaking tub, indicating high-quality, modern finishes. All components are new and meet current quality standards, with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built between 2022-2024, this modern condo features upgraded wood and tile flooring, multi-zone AC/heating, and new appliances, offering contemporary comfort and efficiency.
Prime & Desirable Location: Situated in East Hollywood, within walking distance to several major educational institutions (City College, LA Film School, Southwestern Law, Musicians Institute) and close to vibrant neighborhoods like Silver Lake and Los Feliz, offering excellent walkability and lifestyle.
Strong Investment & Rental Potential: Advertised with a potential rental income of $5,200 to $9,000 per month, making it highly attractive for investors seeking strong cash flow in a high-demand area.
Significant Price Reduction: The property has seen a substantial price reduction from its original list price of $960,000 to $867,000, presenting a compelling value proposition for buyers.
Desirable Amenities & Security: Includes two dedicated garage spaces, a gated community with an automatic driveway gate, community BBQ area, yard access, and an office space within the unit, enhancing convenience and security.

Cons

High Monthly HOA Dues: The $450 monthly HOA fee is relatively high, which could impact overall affordability and net rental income for potential buyers or investors, despite covering insurance and trash.
Condo Ownership Limitations: As a condominium, ownership comes with less private outdoor space and less control over exterior modifications and common area decisions compared to a single-family home.
Short-Term Rental License Uncertainty: The highest potential rental income ($9,000/month) is contingent on obtaining a short-term rental license, which may be difficult or restricted in Los Angeles, potentially limiting the property's full income potential.

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