331 S Harvard Blvd | Los Angeles, CA 90020
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- LoopNet Team
331 S Harvard Blvd
Los Angeles, CA 90020
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Significant Value Add Opportunity - 1 unit may be delivered vacant plus an additional 50% rental upside in current leases
- Excellent Unit Mix - Six (6) 1bed+1bath, four (4) 2bed+2bath
- Architecture - Classic 1960’s architecture with efficient layout provides excellent platform for renovation.
- Potential Vacant Unit - Owner has initiated the eviction process for the tenant in unit 7
- Laundry - Laundry Provided on-site
- Prime Location - Located in the heart of Koreatown
Property Facts
| No. Units | 10 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 9,046 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.88/1,000 SF |
| Zoning | LAR3 - Multiple Family Residential Zone | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,046 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | LAR3 - Multiple Family Residential Zone |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,419 | - |
| 2+2 | 4 | $1,885 | - |
Property Taxes
| Parcel Number | 5503-006-005 | Improvements Assessment | $529,380 |
| Land Assessment | $1,587,120 | Total Assessment | $2,116,500 |
Property Taxes
Parcel Number
5503-006-005
Land Assessment
$1,587,120
Improvements Assessment
$529,380
Total Assessment
$2,116,500
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