11100 S, New Hampshire

About this residence

Back on the Market! Presenting Project NH11, a premier strategic value-add opportunity in the rapidly appreciating 90044 corridor. This 4-unit asset is delivered 75% vacant (3 out of 4 units empty at close), allowing an investor to bypass tenant buyouts and immediately execute a modernization plan. The property features a rare and high-demand unit mix consisting of one 3-Bedroom/1-Bath flagship unit and three 1-Bedroom/1-Bath units. The investment blueprint includes a dedicated $90,000 renovation allocation, headlined by a $30,000 Phase I Electrical Infrastructure Upgrade to a full 400A main panel with separate meters. This infrastructure-first approach future-proofs the asset for high-efficiency appliances and mini-split HVAC systems while shifting utility costs to tenants. With a projected stabilized monthly gross income of $8,650, Project NH11 offers a massive 12.8% pro-forma Cash-on-Cash return and a stabilized 8.61% CAP rate on total basis. Transform this distressed property into a Class-A boutique residence and capture significant forced equity. One unit currently occupied at $950/mo. Sold as-is. Don't miss the cleanest value-add play on the market!

Features & finishes

• AllBedroomsDown

Property details

Status

For Sale

Property type

Single-Family Home

Price per sq ft

$302/sq ft

Days on market

29 days

Year built

1958

HOA fee

$0/mo

View

None

Parking

0 spaces

Furnished

No

Waterfront

No

MLS number

SR26086609

Location & neighborhood

11100 S, New Hampshire, Los Angeles, CA 90044

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