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

1245 N New Hampshire Avenue 3, Los Angeles, California 90029 home-pic-0
ACTIVE$895,000
1245 N New Hampshire Avenue 3, Los Angeles, California 90029
3Beds
3Baths
1,300Sqft
9,935Lot
Year Built
2022
Close
-
List price
$895K
Original List price
$950K
Price/Sqft
$688
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25063335
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $895.0K(67th), sqft - 1300(67th), beds - 3(83th), baths - 3(67th).

**Special Offer: unit3:$895000!$655/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 3 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 1366 square feet of upgraded wood and tile flooring.(18SF Balcony) 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 auto 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-20.3mi
3/10
Ramona Elementary School
Public,K-60.4mi
4/10
Lockwood Avenue Elementary School
Public,K-60.5mi
5/10
Kingsley Elementary School
Public,K-50.5mi
7/10
Los Feliz STEMM Magnet
Public,K-60.5mi
6/10
Dayton Heights Elementary School
Public,K-50.9mi
4/10
Grant Elementary School
Public,K-61.2mi
4/10
Alexandria Avenue Elementary School
Public,K-51.2mi
3/10
Harvard Elementary School
Public,K-51.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.5mi
4/10
Frank Del Olmo Elementary School
Public,K-61.5mi
6/10
Van Ness Avenue Elementary School
Public,K-51.6mi
5/10
Cahuenga Elementary School
Public,K-51.8mi
6/10
Charles H. Kim Elementary School
Public,K-51.9mi
6/10
Thomas Starr King Middle School
Public,6-80.7mi
3/10
Joseph Le Conte Middle School
Public,6-81.4mi
5/10
Virgil Middle School
Public,6-81.4mi
4/10
Young Oak Kim Academy
Public,6-82.2mi
7/10
John Burroughs Middle School
Public,6-83.3mi
4/10
Helen Bernstein High School
Public,9-121.1mi
8/10
John Marshall Senior High School
Public,9-121.3mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-122.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-122.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-122.4mi
6/10
Hollywood Senior High School
Public,9-122.6mi
3/10
Belmont Senior High School
Public,9-122.9mi
7/10
Fairfax Senior High School
Public,9-123.9mi

Price History

Date
Event
Price
08/15/25
Price Change
$895,000
03/25/25
Sold
$4,066,500
03/25/25
Listing
$950,000
Condition Rating
Excellent

This property was built in 2022, 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). The images confirm a modern aesthetic throughout, with sleek kitchen cabinetry, white countertops, stainless steel appliances, contemporary light fixtures (recessed lighting), and modern bathroom features (tiled shower, soaking tub mentioned). All components appear new and meet current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Features: Built between 2022 and 2024, this modern condo boasts upgraded wood and tile flooring, multi-zone AC/heating, and a kitchen equipped with contemporary appliances, offering turn-key living.
Prime East Hollywood Location: Situated in a highly desirable East Hollywood area, the property offers excellent walkability to major educational institutions like City College, LA Film School, and Southwestern Law School, appealing to students and faculty.
Strong Investment Potential: The property is explicitly marketed as an excellent investment opportunity with a potential rental income of $5,200 to $9,000 per month, making it attractive for investors seeking high returns.
Desirable Layout & Amenities: Featuring 3 ensuite bedrooms, 2.5 bathrooms, an office, and two dedicated garage spaces, the layout is highly functional and appealing for various living arrangements, including roommates or families.
Neighborhood Vibrancy & Accessibility: Located in a 'cool neighborhood' known for diverse dining options and close proximity to popular attractions such as Silver Lake, Los Feliz, Hollywood Boulevard, and Griffith Observatory.

Cons

Limited Outdoor Space: The unit features a very small 18 sqft balcony, offering minimal outdoor living or entertaining space.
Contingent High Rental Income: The highest potential rental income of $9,000 per month is contingent on obtaining a short-term rental license, which may involve regulatory hurdles and uncertainty.
Ongoing HOA Dues: The $450 monthly HOA dues, while covering insurance and trash, represent an additional fixed cost that buyers must factor into their ongoing housing expenses.

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