THE NEW HAMPSHIRE HOSUE
Hampshire House is a ground-up residential development located in Los Feliz, designed to transform an underutilized site into a thoughtfully scaled five-bedroom residence with a detached accessory dwelling unit (ADU). The project integrates efficient spatial planning, contemporary architectural detailing, and disciplined construction oversight to maximize functionality and overall site value. By combining primary residence expansion with a strategically positioned detached ADU, the development enhances flexibility and long-term market appeal within a highly sought-after submarket.
PROJECTED PRICE: $3,740,000
Property Description
Total Required Capital: $2,960,200.00
Existing House: 2533 sq.ft. - 3 Bedroom & 2 Bathroom
Acquisition Price: $1,710,000.00
Renovation Budget: $1,200,000.00
Closing & Carry Costs: $222,400.00
Property Taxes & Insurance: $54,000.00
Target Hold Period: 12 - 18 Months
Projected Sale Price: $3,740,000.00
Projected Profit: $570,000.00
Equity Multiple: 1.19x
Total ROI: 19.9 %
Annualized ROI: 12.7%
Key Features
Architectural Restoration & Revival
Preservation and enhancement of original Victorian Craftsman detailing
Restored façade proportions and period-appropriate trim work
Refined exterior materials consistent with historic character
Thoughtful integration of modern systems within preserved structure
Expanded Residential Program
Five-bedroom primary residence
Detached accessory dwelling unit (ADU)
Reconfigured floor plan to improve flow and livability
Increased overall square footage while maintaining architectural integrity
Interior Enhancements
Custom millwork and restored architectural elements
Wide-plank hardwood flooring
High ceilings with period-inspired detailing
Contemporary kitchen integrated within historic framework
Modernized bathrooms with timeless material palette
Site & Outdoor Improvements
Professionally landscaped yard
Outdoor entertaining areas
Detached ADU positioned for privacy and flexibility
Updated hardscape and exterior lighting
Systems & Infrastructure
Upgraded electrical and plumbing systems
Energy-efficient HVAC
Modern insulation and structural improvements
Code-compliant updates while preserving character
Location
Los Feliz - Los Angeles, CA
Los Feliz is one of Los Angeles’ most established and architecturally significant neighborhoods, known for its hillside residences, proximity to Griffith Park, and strong residential demand. The area blends historic character with contemporary redevelopment, attracting end-users seeking privacy, design quality, and access to premier lifestyle amenities. Its consistent buyer depth and limited inventory support durable home values and long-term market stability.