1630 N Harvard Blvd - Apartments FOR SALE


Los Angeles, CA 90027- Thai Town
$2,395,000 USD
310-739-3148
1630 N Harvard Blvd, Los Angeles, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/14
null | 5.22% Cap Rate

1630 N Harvard Blvd
Los Angeles, CA 90027
Thai Town


HIGHLIGHTS

  • Vibrant Thai Town / East Hollywood | Los Feliz Adjacent!
  • Can be Delivered w/ 5 of 7 Units Vacant!
  • Unit Mix - 4 (1BR + 1BA) & 3 (2BR + 2 BA) | Immediate Rental Upside
  • Walker's Paradise - Walk Score of 92! Close to the Greek Theater, Runyon Canyon, Griffith Park, Hollywood/Western Metro Station
  • Separately Metered for Gas & Electricity
  • First Time on Market in over 35 years!

OVERVIEW

VartanianCRE of Lyon Stahl Investment Real Estate, Inc. proudly presents 1630 N Harvard Blvd, a well-positioned 7-unit multifamily community located in the vibrant Thai Town / East Hollywood neighborhood—one of Los Angeles’ most walkable and transit-friendly rental submarkets. Built in 1963, this solid investment asset offers approximately 5,993 square feet of living space on a 7,069 square foot lot. The property currently has three vacant units, with two additional units scheduled to vacate at the close of escrow. One tenant has already executed a cashfor- keys agreement with the current ownership, providing investors with immediate repositioning potential. (Please inquire with the listing agent for details). Two of the seven units have been fully remodeled with contemporary finishes. Highlights include wide-plank grey flooring, recessed lighting, and beautifully updated kitchens with stainless steel appliances, marbled granite counters, sleek white cabinetry, and striking hexagonal tile backsplashes. Each remodeled unit also offers the convenience of an in-unit washer and dryer. Bathrooms have been completely modernized, featuring stylish fixtures, a luxurious rain showerhead, and the option for a relaxing soak in the tub. Each unit is individually metered for gas and electricity, minimizing landlord expenses and maximizing operational efficiency. The building also provides on-site parking with both tandem and covered options With several units already vacant and strong rent-growth potential through additional interior upgrades, 1630 N Harvard Blvd offers a compelling opportunity for investors seeking both immediate value-add upside and long-term cash flow stability. The property’s location in a high-demand rental corridor ensures enduring tenant demand, excellent walkability, and convenient access to public transit, shops, dining, and major employment centers. Don’t miss this opportunity to acquire a well-maintained multifamily asset in one of Los Angeles’ most desirable and transit-oriented neighborhoods.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

7

PRICE/UNIT

$342,143

CAP RATE

5.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charming High Vacancy 7 Unit Property!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,069 SF

ZONING

LARD1.5

APN/PARCEL ID

5544-016-014

ASK ABOUT THIS PROPERTY

Derrick VartanianLyon Stahl Investment Real Estate, Inc.More Info
310-739-3148

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Derrick VartanianLyon Stahl Investment Real Estate, Inc.More Info
310-739-3148

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