517 N Harvard BLVD, Los Angeles, CA 90004
517 N Harvard BLVD, Los Angeles, CA 90004
517 N Harvard BLVD, Los Angeles, CA 90004
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Pamela Halle

Pamela Halle

+1(310) 614-7634
$2,800,000
Est. payment /mo
14 Beds
13 Baths
6,929 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,929 sqft

Price per Sqft $404

MLS Listing ID 26106231

Bedrooms 14

HOA Y/N No

Year Built 2018

Lot Size 7,505 Sqft

Property Description

Marcus & Millichap is exclusively offering 517 N Harvard Blvd, a nine-unit apartment building built in 2018 on the Koreatown East Hollywood border in Los Angeles (90004), at $2,800,000. The three-story, 6,929 SF building sits on a 7,505 SF LAR3 lot. It has five one-bedroom, three two-bedroom and one three-bedroom units, 14 bedrooms in all, plus covered tuck-under parking and gated entries. Because it's newer construction, the property isn't subject to the Los Angeles Rent Stabilization Ordinance (RSO), which gives an owner more flexibility on rents and turnover. Interiors feature high ceilings with clerestory windows, hard-surface flooring, shaker cabinetry and stainless steel appliances, and select units have loft bedrooms and in-unit stacked washer/dryers. The building is 100% occupied at $23,990 per month ($287,880 a year), with four units under Section 8 contracts. Electric and gas are separately metered and paid by tenants, and the seller is setting up a RUBS program to recover 80% of water and trash costs, adding about $8,194 a year. The location has a Walk Score of 87 and is about 0.8 miles from the Vermont/Beverly Metro B Line station and 0.9 miles from LA City College. Kaiser Permanente and Children's Hospital Los Angeles are both within about 1.5 miles.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Assigned

Pool None

Private Pool No

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5521011024

Special Listing Condition Standard

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Listed by Tony Azzi Tony Azzi #00910513

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Pamela Halle

Pamela Halle

+1(310) 614-7634

Agent License ID: DRE# 02004546

Agent License ID: DRE# 02004546

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