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603 N Harvard Blvd
Los Angeles, CA 90004
100% RENTED @ REAL 5.48% CAP! 2023 5-UNIT · Multifamily Property For Sale
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5 Units
Investment Highlights
- FULLY STABILIZED AT A REAL AT 5.48% CAP RATE!
- These units are built on par with small lot subdivisions: ultra-high-end
- All 3 bedroom units boast rooftop decks + private 2-car garages, rare features that draw a major rental premium
- Units leased at massive rents within weeks on market! HUGE rental demand due to incredible quality and premium design.
- No rent control!
- Outstanding Hollywood location minutes from the heart of Hollywood, Larchmont Village, Los Feliz, Koreatown and trendy Silver Lake
Property Facts
| No. Units | 5 | Building Size | 7,264 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2023 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LAR3 - Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,264 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Deck
- Freezer
- Handrails
- Island Kitchen
- Porch
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | $5,000 | 1,507 |
| 2+1 | 1 | $3,000 | 896 |
| 3+3 | 1 | $5,000 | 1,507 |
| 3+3 | 1 | $5,000 | 1,677 |
| 3+3 | 1 | $5,000 | 1,677 |
Property Taxes
| Parcel Number | 5521-005-027 | Improvements Assessment | $1,111,800 |
| Land Assessment | $2,856,000 | Total Assessment | $3,967,800 |
Property Taxes
Parcel Number
5521-005-027
Land Assessment
$2,856,000
Improvements Assessment
$1,111,800
Total Assessment
$3,967,800
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