3994-3997 S Harvard Blvd - Apartments FOR SALE


Los Angeles, CA 90062- South Central LA
$6,550,000 USD
213-279-2093
3994-3997 S Harvard Blvd, Los Angeles, CA for Sale
$6,550,000 USD
Apartments - FOR SALE
1/4
null | 3.35% Cap Rate

3994-3997 S Harvard Blvd
Los Angeles, CA 90062
South Central LA


OVERVIEW

Introducing a rare opportunity to own a piece of Los Angeles history: a 25-unit Art Deco apartment complex built in 1923, located at 3994-3997 S Harvard Blvd. 90062. This preserved historical building is only one mile from USC and BMO stadium. There is a generous mix of one and two bedroom units distributed through seven housing structures on a generous 28,777 sq ft lot. The property is eligible for both the State and National registry of Historical Buildings which gives signi?cant ?nancial incentives including property tax reduction through the Mills Act and federal income tax credits. The property also includes convenient on-site parking with 7 enclosed garages and an additional 14 open parking spots.

FOR SALE DETAILS

PRICE

$6,550,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

28

PRICE/UNIT

$233,929

CAP RATE

3.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,181 SF

ZONING

LAR2

APN/PARCEL ID

5036-028-016

ASK ABOUT THIS PROPERTY

Brennan FobelCentennial AdvisersMore Info
213-279-2093

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Brennan FobelCentennial AdvisersMore Info
213-279-2093

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