1646 N Harvard, Los Angeles, CA 90027

$2,300,000

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List Price
$2,300,000
Status
ACTIVE
MLS#
PV26214372
Year Built
1949
Lot Size
8,490
Acres
0.19
Lot Location
Level
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Value-add opportunity with a 5.77% going-in cap rate and rental upside in Los Feliz-adjacent East Hollywood. This 10-unit apartment building features all one-bedroom, one-bath units across approximately 6,766 SF. Recent capital improvements include fully replaced plumbing and an electrical panel upgrade in 2024. Amenities include secured access, on-site laundry and approximately six carport spaces. Just south of Hollywood Boulevard, the property offers a Walk Score of 92 and convenient access to the Hollywood/Western Metro B Line station, shopping, dining and entertainment. An attractive opportunity to acquire current income with room for rental growth.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$199,561
Operating Expense
66851

Listing courtesy of Listing Agent: Jay Fall (jaysfall1@gmail.com) from Listing Office: Keller Williams Palos Verdes.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.