Harvard Blvd Apartments

 

1631 N Harvard Blvd | Los Angeles, California | 90027

$2,650,000

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About

  • Year Built: 1957
  • Type: Apartment
  • Units: 9
  • GRM: 13.38
  • Cap Rate: 5.21%
  • Bldg Size: 6,372 Sq Ft.
  • Lot Size: 7,013 Sq Ft.

AGENTS


ADDITIONAL INFORMATION

  • 5.21% actual cap rate creates immediate cash flow
  • Full stabilized turn-key investment
  • Fully renovated building, every unit has been renovated
  • Prime Los Feliz adjacent location
Harvard Blvd Apartments

IREA is pleased to present this nine-unit multifamily apartment community located at 1631 N Harvard Blvd. in Los Angeles, CA (90027). The offering consists of a large +/- 6,372 SF, two-story apartment building built in 1957 in an excellent rental market of Hollywood. The unit mix features seven (7) one bedroom / one bathroom and two (2) two bedroom / one bathroom apartment homes. Exterior updates include fresh paint, new windows, entryways (doors) landscaping, property gate, etc.

Additionally, the property offers gated parking, separate gas & electrical utility metering and common area laundry facilities. The property is well situated in a very desirable rental market located between Sunset Boulevard and a quarter-block south of Hollywood Boulevard.