1245 N New Hampshire Avenue 8, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 4 bath

1245 N New Hampshire Avenue 8, Los Angeles, California 90029 home-pic-0
ACTIVE$1,050,000
1245 N New Hampshire Avenue 8, Los Angeles, California 90029
3Beds
4Baths
1,535Sqft
9,935Lot
Year Built
2022
Close
-
List price
$1.05M
Original List price
$1.08M
Price/Sqft
$684
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25064102
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.05M(83th), sqft - 1535(83th), beds - 3(83th), baths - 4(83th).

UNIT8 ASKING PRICE:$1,050,000 !$655/SFThis 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 within 1535 square feet of upgraded wood and tile flooring.(34 SF Balcony, has backyard) 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-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
$1,050,000
03/25/25
Sold
$2,627,500
03/25/25
Listing
$1,080,000
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 (range/oven, dishwasher, microwave), contemporary flat-panel cabinetry, and clean white countertops. Bathrooms are equally modern, boasting tiled showers, a separate soaking tub in the master, and sleek fixtures. The property features upgraded wood and tile flooring, multi-zone AC/heating, and recessed lighting, all indicative of a recently built, high-quality home with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Amenities: Built between 2022 and 2024, this condo features contemporary design, multi-zone AC/heating, upgraded wood and tile flooring, and modern kitchen appliances, ensuring a move-in ready experience.
Prime Location & Walkability: Situated in a desirable East Hollywood neighborhood, the property offers excellent walkability to several educational institutions (City College, LA Film School, Southwestern Law School, Musicians Institute) and is close to popular areas like Silver Lake and Los Feliz.
Strong Investment Potential: The property is highlighted as an excellent investment opportunity with a potential rental income of $5,200 to $9,000 per month, and the option to purchase multiple units for a larger portfolio.
Spacious & Functional Layout: With 1535 square feet, the unit boasts 3 ensuite bedrooms, 3.5 bathrooms, a dedicated office, breakfast bar, dining area, and a master bedroom with a tiled shower and separate soaking tub, providing ample living space.
Security & Convenience Features: The modern gated condo includes two dedicated garage spaces, community BBQs, yard access, and an auto driveway gate, enhancing security and resident convenience.

Cons

High HOA Dues: The monthly HOA fee of $450 is a significant recurring expense that can impact the overall cost of ownership and potentially reduce investment returns.
Investment Income Contingency & Competition: The higher end of the projected rental income ($9,000) is pending a short-term rental license, introducing an element of uncertainty. Additionally, the availability of 9 units in the same development could create internal competition for sales and rentals.
Limited Private Outdoor Space: The property features a relatively small 34 square foot balcony, which may offer limited private outdoor living or entertaining space for residents.

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