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1834 N Harvard Blvd
Los Angeles, CA 90027 Los Feliz

$5,250,000 USD

Apartments For Sale  •  16,812 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,812 SF
  • Lot Size 0.47 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 5.00 %
  • Zoning LAR3
67 Transit Score
88 Walk Score

Highlights

1834 N Harvard Blvd is a fantastic opportunity to acquire a 23-unit courtyard apartment community in Los Feliz (90027)
Located in Los Feliz, 1834 N Harvard Blvd is adjacent to Franklin Ave and a short distance from many shops and primary employers in Hollywood and DTLA
1834 N Harvard Blvd has a Walk Score of 88 out of 100. This location is Very Walkable, so most errands can be accomplished on foot
The Hollywood-Silver Lake submarket is one of the strongest employment centers in the Los Angeles MSA and offers access to a diverse set of employers
There is a significant affordability gap to home ownership within the 90027 zip-code, with the median SFR selling for more than $2,280,250
There are fifteen (15) onsite parking spaces and ownership completed the mandatory soft-story retrofit (2020)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $262,786 USD (2023)
Cap Rate: 5.00 %
Total Expenses: $168,766 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Storage Space
  • Wheelchair Accessible (Rooms)
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 4.0 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 11 min - 6.3 mi
Transit/SubwayDriveWalkDistance
Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 8 min 0.5 mi
AirportDriveWalkDistance
Bob Hope 17 min - 9.7 mi
Los Angeles International 28 min - 15.1 mi
Long Beach (Daugherty Field) 40 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Rich Johns 818-432-1575 KW Commercial
Rich Johns 818-432-1575 KW Commercial