A modern apartment building at 1801 n harvard blvd with a mix of wood and metal siding, featuring a clear blue sky overhead.

Closed Listing

8 Units with 4.45% CAP & 13.5 GRM on Current Rents

1801 n harvard blvd

sold in

East Hollywood

8

Number of Units

1956

Year Built

6,887 SF

SF

Square Footage

7,383

SF

Lot Size

LAR3

Zoning

1801 N Harvard Blvd, Los Angeles, CA 90027

About the Property

1801 N Harvard Blvd is a well-maintained eight-unit property in East Hollywood operating at a 4.45% cap and 13.50 GRM on current rents. Located just south of Franklin Ave (adjacent to Los Feliz), the subject property is conveniently located by several neighborhood hubs filled with large Hollywood employers (Children's Hospital LA, Hollywood Presbyterian, Sunset Gower Studios), a city college (LACC) and a wide array of independent businesses. Built in 1956, 1801 N. Harvard features (1) 2-bdrm. unit and (7) 1-bdrm. units that average approx. 800 SF each. These units present a value-add opportunity, as current rents are approx. 21% below market compared to renovated units in the area. Capital improvements include a new roof and fresh exterior paint. Please note, soft-story retrofitting is not required.

8

Number of Units

1956

Year Built

6,887 SF

SF

Square Footage

7,383

SF

Lot Size

LAR3

Zoning

Price P/ Unit

$260,625

Price p/ Sq. ft.

$303

Proforma Cap Rate

6.74%

Contact

Sales agent

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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.