1834 Harvard Blvd Los Angeles, CA 90027
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23-Unit Los Feliz Apartment Building
Property size:
16,812 SFProperty Features for 1834 Harvard Blvd
General Information
- Property type
- Multifamily properties
- Square Feet
- 16,812 SF
Building Details
- Year Built
- 1955
- Buildings
- 1
- Stories
- 2
- Units
- 23
Listing Agent: Rich Johns
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 23-unit apartment building, located at 1834 N Harvard Blvd in Los Angeles, CA 90027, presents a compelling investment opportunity. Built in 1955, this two-story, 16,812 square foot building sits on a 20,501 square foot lot zoned LAR3. The property boasts a 100% occupancy rate, generating a current NOI of $262,785 and a pro-forma NOI of $477,564, representing a 5.01% cap rate and a pro-forma cap rate of 9.10%. The asking price is $5,250,000, or $228,261 per unit. The unit mix includes two 2-bedroom/1-bathroom units, one studio, and twenty 1-bedroom/1-bathroom units. Amenities include a gated courtyard with a pool and seating areas, intercom entry, on-site laundry, and 15 parking spaces (10 covered). Recent improvements include a completed soft-story retrofit (2019), new guardrails (2023), and gas shut-off valves (2019). The property benefits from a highly walkable location (Walk Score of 88), proximity to public transportation (8-minute walk to the Metro B Line), and its position in the desirable Los Feliz neighborhood, close to Franklin Avenue's vibrant dining and entertainment scene. Utilities are separately metered. This property offers a rare chance to acquire a well-maintained, high-performing asset in a prime Los Angeles location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3046496
- Latitude
- 34.1046534
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FAQs
What type of property is this?
Multifamily property - 23-Unit Los Feliz Apartment Building
Where is this multifamily property located?
The property is located at 1834 Harvard Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Investment opportunity: 23-unit apartment complex in Los Feliz (90027) at 1834 N Harvard Blvd.; Excellent Los Feliz location near Franklin Avenue, offering walkability to cafes, restaurants, and proximity to major employment centers in Hollywood and Downtown LA.; High Walk Score of 88; very walkable location.
