We are pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue. The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array… Read More of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 33% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. Read Less
Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
Listing Snapshot
Days Online
120
Last Updated
Property Type
Other
Beds
14
Square Ft.
13,140
Lot Size
0.34 Acres
Year Built
1965
MLS Number
25557061
30 Days Snapshot Of 90004
$2.09M
-31%
(avg) sold price
19
+90%
homes sold
85
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Building area total: 13,140, Levels: Two, Living area: 13140, 2 stories, 1 building
Income
Gross income: $323,562, Net operating income: $188,349
Lot
0.3445 acres, 15,007 square feet, Size: 15,007
Parking
19 totals parking, Covered
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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