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1801 N Harvard Blvd
Los Angeles, CA 90027

8 Units w/ 13.5 Current GRM & 4.45% CAP · Residential 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 Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 6,887 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1956
Parking Ratio 0.73/1,000 SF

Site Amenities

  • Laundry Facilities

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
£1,222,960
Improvements Assessment
£476,954
Total Assessment
£1,699,914

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 27574206

  • Date on Market: 23/01/2023

  • Last Updated:

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

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