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.

 
 
Chris Thompson, MultifamilyZachary KrasmanHarvard Blvd ApartmentsNot Featured, Apt