A multi-story building at 922 n hudson, with a red brick facade, surrounded by greenery and palm trees.

Multifamily listing

1640 n harvard blvd

for sale in

East Hollywood

16 Units @ $233K per Unit & 61% Rental Upside in East Hollywood

16

Number of Units

1952

Year Built

11,054

SF

Square Footage

14,140

SF

Lot Size

LARD1.5

Zoning

1640 N Harvard Blvd, Los Angeles, CA 90027

About the Property

Tucked between East Hollywood and the heart of Los Feliz, 1640 N Harvard offers an opportunity to reposition a character-rich, courtyard-style property near several of Northeast LA's hottest lifestyle and employment hubs. Just steps from Hollywood Boulevard and within a short walk to the Red Line station at Hollywood Boulevard and Western Avenue, this location provides exceptional transit connectivity and access to one of LA's most vibrant entertainment corridors. Tenants will appreciate convenient access to Los Feliz icons like Hillhurst Avenue's Maru Coffee, Found Oyster, and Alcove Café, the trailheads of Griffith Park, and the cultural energy of Vermont Avenue, Barnsdall Art Park, and the Greek Theatre. The property is also under 2 miles from Sunset Junction in Silver Lake and just minutes from the Hollywood Media District, a significant employment hub for entertainment, post-production, and creative tech. Set on a 14,140 SF lot, the property features a classic garden-style layout with mature landscaping, gated entry, community laundry, and ample covered carport parking. Offered at $233,333 per unit and $317 per foot, the property represents a rare combination of affordability and long-term upside. Current rents are significantly below market, with a projected 61% rental upside through interior renovations and system upgrades. Stabilized metrics pencil at a 8.20% CAP and 9.20 GRM. Additional opportunity exists in the site's underutilized lot size, which may support ADU development (buyer to verify). Investors with a long-term lens will see the location, lot size, and configuration as an ideal canvas for repositioning in a neighborhood where lifestyle is the greatest amenity, enhanced by direct transit access and proximity to Hollywood's entertainment epicenter.

16

Number of Units

1952

Year Built

11,054

SF

Square Footage

14,140

SF

Lot Size

LARD1.5

Zoning

1640 N Harvard Blvd.
East Hollywood

Offering Price

$

Number of Units

16 Units

Price per. Unit

$233,333

Bldg. Size

11,054 SF

Price per Foot

$317

Lot Size

14,140 SF

Year Built

1952

Current CAP

4.18

Market CAP

8.20

Zoning

LARD1.5

Price P/ Unit

$233,333

Price p/ Sq. ft.

$317

Proforma Cap Rate

8.20

Contact

Sales agent

1640 N Harvard apartment building exterior showing peach stucco walls, white windows, and wooden planters on street
1640 N Harvard apartment building exterior showing peach stucco walls, white windows, and wooden planters on street
1640 N Harvard apartment building exterior showing peach stucco walls, white windows, and wooden planters on street
1640 N Harvard apartment building exterior showing peach stucco walls, white windows, and wooden planters on street
1640 N Harvard multi-family residential building with peach facade, white-trimmed windows, and parked white vehicle
1640 N Harvard multi-family residential building with peach facade, white-trimmed windows, and parked white vehicle
1640 N Harvard multi-family residential building with peach facade, white-trimmed windows, and parked white vehicle
1640 N Harvard multi-family residential building with peach facade, white-trimmed windows, and parked white vehicle
1640 N Harvard courtyard with landscaped garden, potted plants, and multi-unit residential building with balconies
1640 N Harvard courtyard with landscaped garden, potted plants, and multi-unit residential building with balconies
1640 N Harvard courtyard with landscaped garden, potted plants, and multi-unit residential building with balconies
1640 N Harvard courtyard with landscaped garden, potted plants, and multi-unit residential building with balconies
1640 N Harvard covered parking structure with multiple vehicles and residential units with peach-colored exterior
1640 N Harvard covered parking structure with multiple vehicles and residential units with peach-colored exterior
1640 N Harvard covered parking structure with multiple vehicles and residential units with peach-colored exterior
1640 N Harvard covered parking structure with multiple vehicles and residential units with peach-colored exterior

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.