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$3,695,000
Est. payment /mo
7,509 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25196763
HOA Y/N No
Year Built 2020
Lot Size 7,509 Sqft
Property Sub-Type Mixed Use
Property Description
As the exclusive listing agent, is pleased to present Harvard Townhomes, a modern 7-unit multifamily asset ideally located in the vibrant East Hollywood sub-market of Los Angeles. Built in 2020, the property sits on a 7,509 SF lot with a 6,398 SF building footprint, zoned LAR3. Harvard Townhomes features an excellent mix of two- and three-bedroom units, as well as a studio ADU, appealing to a broad tenant base seeking modern comforts and convenience. This highly desirable non-RSO property, not subject to AB1482, offers investors a unique opportunity to acquire a newer construction asset with lower operating costs and attractive CAP Rate.
Harvard Townhomes presents a rare chance to invest in a newer, turnkey asset with modern amenities designed for today's renters. The property features in-unit laundry, central A/C, secured access, and dedicated parking. Tenants pay for utilities, including trash, helping optimize operating efficiency. With interest rates trending downward, investors can take advantage of attractive financing while benefiting from the property's strong fundamentals, excellent unit mix, and low-maintenance newer construction.
Strategically situated near Melrose Avenue and Western Avenue with easy access to the 101 Freeway, Harvard Townhomes offers exceptional connectivity to major employment hubs, transit lines, and lifestyle amenities across East Hollywood and Greater Los Angeles. The property's location in a highly sought-after urban area ensures strong rental demand, drawing professionals, creatives, and families seeking modern living in a central, vibrant neighborhood.
Harvard Townhomes presents a rare chance to invest in a newer, turnkey asset with modern amenities designed for today's renters. The property features in-unit laundry, central A/C, secured access, and dedicated parking. Tenants pay for utilities, including trash, helping optimize operating efficiency. With interest rates trending downward, investors can take advantage of attractive financing while benefiting from the property's strong fundamentals, excellent unit mix, and low-maintenance newer construction.
Strategically situated near Melrose Avenue and Western Avenue with easy access to the 101 Freeway, Harvard Townhomes offers exceptional connectivity to major employment hubs, transit lines, and lifestyle amenities across East Hollywood and Greater Los Angeles. The property's location in a highly sought-after urban area ensures strong rental demand, drawing professionals, creatives, and families seeking modern living in a central, vibrant neighborhood.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5521005021
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.jmlreg.com/listings
Lease Land No
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Listed by Jared Levine Keller Williams Realty Calabasas jared@jaredmlevine.com