Harvard Blvd Apartments
1631 N Harvard Blvd | Los Angeles, California | 90027
- 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.
- 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
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.