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1245 N New Hampshire Avenue 4, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath

1245 N New Hampshire Avenue 4, Los Angeles, California 90029 home-pic-0
ACTIVE$980,000
1245 N New Hampshire Avenue 4, Los Angeles, California 90029
3Beds
4Baths
1,382Sqft
9,935Lot
Year Built
2022
Close
-
List price
$980K
Original List price
$1.08M
Price/Sqft
$709
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25063760
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $980.0K(71th), sqft - 1382(71th), beds - 3(86th), baths - 4(86th).

**Special Offer: $980000!$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, 3.5 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 1382 square feet of upgraded wood and tile flooring. (57SF 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-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
$980,000
03/25/25
Listing
$1,080,000
05/13/22
Sold
$1,025,000
Condition Rating
Excellent
This property was built in 2022, making it a brand new construction. The description highlights modern features such as 3 ensuite bedrooms, 3.5 bathrooms with a tiled shower and separate soaking tub in the master, upgraded wood and tile flooring, and multi-zone AC and heating. The images confirm a contemporary aesthetic with new finishes, recessed lighting, and well-maintained spaces. All components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modern Amenities: Built between 2022 and 2024, this modern condo features multi-zone AC/heating, upgraded wood and tile flooring, and a kitchen equipped with essential appliances, offering contemporary comfort and style.
Prime Location & Accessibility: Situated in a desirable East Hollywood neighborhood, the property is within walking distance of several academic institutions (City College, LA Film School, Southwestern Law, Musicians Institute) and close to popular areas like Silver Lake and Hollywood attractions.
Strong Investment Potential: The condo boasts a high potential rental income of $5,200 to $9,000 per month, making it an attractive option for investors, especially with the possibility of short-term rentals (pending license).
Significant Price Reduction: Currently listed at $980,000, the property has seen a substantial price drop from its original list price of $1,080,000, presenting a compelling value proposition for buyers.
Desirable Features & Layout: The unit offers a functional layout with 3 ensuite bedrooms, 4 bathrooms, a dedicated office, a private balcony, and includes two convenient garage spaces within a secure, gated community.

Cons

Ongoing HOA Dues: The monthly HOA dues of $450, while covering insurance and trash, represent an additional ongoing cost of ownership that buyers must factor into their budget.
Short-Term Rental Income Contingency: The higher end of the projected rental income ($9,000) is contingent on obtaining a short-term rental license, which may not be guaranteed or easily acquired, introducing an element of uncertainty for investors.
Urban Environment: While in a prime location, the property is in a dense urban area, which may lead to higher noise levels or less private outdoor space compared to properties in more suburban or rural settings.

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