1245 N New Hampshire Avenue 6, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath

1245 N New Hampshire Avenue 6, Los Angeles, California 90029 home-pic-0
ACTIVE$956,300
1245 N New Hampshire Avenue 6, Los Angeles, California 90029
3Beds
4Baths
1,460Sqft
9,935Lot
Year Built
2022
Close
-
List price
$956K
Original List price
$1.02M
Price/Sqft
$655
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25064191
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $956.3K(71th), sqft - 1460(71th), beds - 3(86th), baths - 4(86th).

**Special Offer: $655/SF!:$956300!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, 2.3.5 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 1460 square feet of upgraded wood and tile flooring.(60 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.

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
09/18/25
Price Change
$956,300
03/25/25
Sold
$4,066,500
03/25/25
Listing
$1,020,000
Condition Rating
Excellent

This property was built between 2022 and 2024, making it virtually new construction. The images confirm a modern aesthetic throughout, with a 'gourmet kitchen' featuring new stainless steel appliances, contemporary cabinetry, and white countertops. The bathrooms boast modern fixtures, tiled showers, and a separate soaking tub, all in pristine condition. Upgraded wood and tile flooring, multi-zone AC/heating, and overall new components align perfectly with the 'Excellent' criteria, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built between 2022-2024, this condo offers contemporary architecture, upgraded wood and tile flooring, multi-zone AC/heating, and included kitchen appliances, ensuring low immediate maintenance and modern living.
Exceptional Location & Walkability: Situated in a prime East Hollywood area, it's within walking distance to major educational institutions (City College, LA Film School, Southwestern Law, Musicians Institute) and close to vibrant neighborhoods like Silver Lake and Los Feliz.
Strong Investment Opportunity: The property boasts significant rental income potential ($5,200-$9,000/month) and the option to purchase multiple units, making it highly attractive for investors seeking high returns in a desirable urban market.
Spacious & Functional Layout: Featuring 3 ensuite bedrooms, a dedicated office, 4 bathrooms, and 1460 sqft of living space, it provides ample room and privacy, complemented by two dedicated garage spaces.
Competitive Pricing: Recently reduced from $1.02M to $956,300, the property offers a compelling price point of $655/SF, presenting a strong value proposition for new construction in this sought-after area.

Cons

High Monthly HOA Dues: The $450 monthly HOA fee, while covering insurance and trash, represents a significant recurring cost that could impact overall affordability and net investment returns.
Short-Term Rental Income Contingency: The higher end of the projected rental income ($9,000/month) is 'pending short-term rental license,' introducing uncertainty and potential regulatory hurdles for investors aiming to maximize short-term rental profits.
Limited Private Outdoor Space: As a condo, the property offers a modest 60 sqft balcony and shared community yard access, which may not appeal to buyers desiring larger private outdoor areas or a traditional backyard.

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