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1245 N New Hampshire Avenue 7, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath

1245 N New Hampshire Avenue 7, Los Angeles, California 90029 home-pic-0
ACTIVE$956,300
1245 N New Hampshire Avenue 7, Los Angeles, California 90029
3Beds
4Baths
1,330Sqft
9,935Lot
Year Built
2022
Close
-
List price
$956K
Original List price
$1.02M
Price/Sqft
$719
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25064089
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 - 1330(71th), beds - 3(86th), baths - 4(86th).

Asking price: $956300! is $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 1460 square feet of upgraded wood and tile flooring. (60SF 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:$960,000; (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
09/18/25
Price Change
$956,300
03/25/25
Sold
$2,627,500
03/25/25
Listing
$1,020,000
Condition Rating
Excellent
This condo was built in 2022, making it a newly constructed property. The description highlights modern features, upgraded wood and tile flooring, and new stainless steel kitchen appliances (range/oven, dishwasher, microwave, washer/dryer). The images confirm a contemporary aesthetic throughout, with a sleek kitchen featuring flat-panel cabinetry and modern countertops, and bathrooms with stylish tiling, modern vanities, and a separate soaking tub in the master. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
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 contemporary kitchen appliances, ensuring a move-in ready and comfortable living experience.
Prime East Hollywood Location: Situated in a highly desirable East Hollywood neighborhood, the property offers walking distance access to several educational institutions and is minutes away from popular cultural and entertainment hubs like Silver Lake, Los Feliz, and Hollywood Boulevard.
Strong Investment Potential: With a projected rental income of $5,200 to $9,000 per month (pending short-term rental license), this condo presents an attractive opportunity for investors seeking significant returns in a high-demand area.
Spacious & Functional Layout: The unit features 3 ensuite bedrooms, 3.5 bathrooms, a dedicated office space, and separate living/dining areas across 1460 sqft, providing ample room and privacy for residents, complemented by a 60SF balcony.
Enhanced Security & Community Amenities: The gated community offers two dedicated garage spaces, an auto driveway gate, community BBQs, and yard access, providing residents with convenience, security, and shared recreational spaces.

Cons

High HOA Dues: The monthly HOA fee of $450, while covering insurance and trash, represents a significant recurring expense that can impact overall affordability for homeowners and reduce net rental income for investors.
Uncertainty of Short-Term Rental Income: The higher end of the projected rental income ($9,000/month) is contingent on obtaining a 'short-term rental license,' which may involve regulatory hurdles, additional costs, or local restrictions, introducing risk to investment projections.
Potential for Market Saturation: The availability of 9 units for purchase within the same development could lead to increased competition in both the rental and resale markets, potentially affecting future rental rates or property value appreciation.

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