635 N Harvard Blvd - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$3,695,000 USD
818-399-4880
635 N Harvard Blvd, Los Angeles, CA for Sale
$3,695,000 USD
Apartments - FOR SALE
1/46
null | 5.23% Cap Rate

635 N Harvard Blvd
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Modern Construction: Built in 2020, offering contemporary finishes and low-maintenance newer constructions
  • Highly Desirable Non RSO Property: Not subject to AB1482, providing flexibility in rent adjustments
  • Low Operating Costs: Newer construction combined with tenant-paid utilities, including trash
  • Excellent Unit Mix: Comprises two and three bedroom units plus a studio ADU, appealing to a wide tenant base
  • Attractive Financing Environment: Investors can take advantage of trending downward interest rates
  • Strong Rental Demand: Located in a vibrant, urban submarket attracting professionals, creatives, and families

OVERVIEW

Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is pleased to present Harvard Townhomes, a modern 7-unit multifamily asset ideally located in the vibrant East Hollywood submarket 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. Please call or email for an OM.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$578 USD /SF

# OF UNITS

7

PRICE/UNIT

$527,857

CAP RATE

5.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harvard Townhomes - Built 2020 - 5.23% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,509 SF

ZONING

LAR3

APN/PARCEL ID

5521-005-021

ASK ABOUT THIS PROPERTY

Jared LevineJML Real Estate GroupMore Info
818-399-4880

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Jared LevineJML Real Estate GroupMore Info
818-399-4880

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