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Investment Highlights

  • Brand NEW
  • LESS MAINTENANCE COST
  • CLOSE TO LARCHMONT

Executive Summary

IN 2023, THIS BUILDING WAS LISTED AT $4,100,000.00. NOW PRICED FOR IMMEDIATE SALE. ALL 10 UNITS CAN BE DELIVERED VACANT AT COE. BRAND NEW BUILDING BUILT IN 2018. AIR BNB OPERATORS WELCOME!! FIRST TIME IN THE MARKET. SECURED AUTOMATIC REMOTE DRIVEWAY GATE!! 3 X 2 BEDROOMS, 6 X 1 BEDROOM(LOFT STYLE) FOR AWESOME VIEW, 1 X 3 BEDROOM UNIT. RESERVE COVERED PARKING SPACES & ALL UNITS COME WITH FREE INTERNET & TV CONNECTION!! 10 Units in the building. BEAUTIFUL EXTERIOR AND INTERIOR. ALL NEW APPLIANCES(REFRIGERATOR, STOVE/OVEN, MICROWAVE, DISHWASHER, WASHER/DRYER IN THE UNIT). CLOSE TO BUS STOPS AND CLOSE TO FREEWAY ACCESS. BEAUTIFUL FLOORING, FANCY COUNTER TOPS, CENTRAL A/C AND HEATING, DUAL PANE WINDOWS, ENERGY EFFICIENT LED LIGHTS, EXTRA STORAGE!! MANY RESTAURANTS NEARBY, CENTRALLY LOCATION BETWEEN DOWNTOWN LA & HOLLYWOOD. DON'T MISS OUT!!

Property Facts

Price $3,700,000
Price Per Unit $370,000
Sale Type Investment
Cap Rate 5.93%
Gross Rent Multiplier 11.81
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Class C
Lot Size 0.17 AC
Building Size 6,929 SF
No. Stories 3
Year Built 2019
Parking Ratio 1.44/1,000 SF
Zoning LAR3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $2,350 -
1+1 1 $2,350 -
1+1 1 $2,350 -
1+1 1 $2,350 -
1+1 1 $2,350 -
1+1 1 $2,350 -
2+2 1 $2,700 -
2+2 1 $2,700 -
2+2 1 $2,700 -
3+3 1 $3,600 -
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5521-011-024
Land Assessment
$1,044,524
Improvements Assessment
$1,456,341
Total Assessment
$2,500,865
  • Listing ID: 41051217

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 517 N Harvard Blvd, Los Angeles, CA 90004

Contact the Sale Advisor

100% VACANT AT COE, BUILT 2018/2019 | 517 N Harvard Blvd

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