This Multifamily Property is no longer advertised on LoopNet.com.

1801 N Harvard Blvd
Los Angeles, CA 90027
8 Units w/ 13.5 Current GRM & 4.45% CAP · Multifamily Property For Sale · 8 Units

Investment Highlights

  • 13.5 GRM and 4.45% CAP on current rents with noticeable rental upside
  • Value-add opportunity, approx. 21% upside in rents compared to renovated units in the area
  • Capital improvements include a new roof and fresh exterior paints. Property features laundry room & carport parking spaces
  • Located just south of Franklin Ave and adjacent to Los Feliz, walkable to shops & restaurants along Vermont Ave.
  • Soft-story retrofitting not required
  • Each bright and spacious unit average approx. 800 SF

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 6,887 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 0.73/1,000 SF
Zoning LAR3

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Online Services
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $2,495 -
1+1 7 $1,563 -

Property Taxes

Property Taxes

Parcel Number
5544-008-004
Land Assessment
$1,560,600
Improvements Assessment
$608,634
Total Assessment
$2,169,234
  • Listing ID: 27574206

  • Date on Market: 1/23/2023

  • Last Updated:

  • Address: 1801 N Harvard Blvd, Los Angeles, CA 90027

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