818-642-4123
123 N Harper Ave, Los Angeles, CA for Sale
Apartments - FOR SALE
1/12
null | Request Cap Rate

123 N Harper Ave
Los Angeles, CA 90048
Beverly Grove


HIGHLIGHTS

  • One unit delivered VACANT
  • Exceptionally large units averaging approximately 1,234 square feet each
  • Prime location in one of Los Angeles’ most exclusive and in-demand rental markets
  • Desirable unit mix: Two (2-bed / 1-bath) units and Two (1-bed / 1-bath) units
  • Ideal owner-user opportunity with potential for FHA financing
  • Adjacent to Beverly Hills and West Hollywood, with close proximity to The Grove and Beverly Center

OVERVIEW

Kidder Mathews is pleased to present 123 N Harper Ave, a 4-unit Owner-User Investment Opportunity in prime Beverly Grove. Offered for the first time in 50 years, 123 N Harper Ave is a rare multifamily opportunity located in the heart of Beverly Grove, one of Los Angeles' most desirable and supply-constrained neighborhoods. Perfectly situated between Beverly Hills and West Hollywood, the property offers unbeatable walkability and long-term investment value in a legacy pocket where properties seldom trade. The 4,936 SF building consists of four large units—two 2-bedroom, 1-bath and two 1-bedroom, 1-bath—each over 1,000 SF, with excellent ADU potential. Priced at just $476/SF, it offers immediate value with approximately 10% rental upside remaining. This is an ideal owner-user opportunity with one spacious unit delivered vacant, making it eligible for FHA financing. With its unbeatable location, strong fundamentals, and rare market availability, 123 N Harper Ave is a compelling acquisition for investors and owner-users alike.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

4

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,560 SF

ZONING

LARD1.5

APN/PARCEL ID

5511-008-015

ASK ABOUT THIS PROPERTY

Nathan ShaolianKidder MathewsMore Info
818-642-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nathan ShaolianKidder MathewsMore Info
818-642-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.