1559-1561 S Harvard Blvd - Apartments FOR SALE


Los Angeles, CA 90006- Koreatown
$1,550,000 USD
310-709-8743
1559-1561 S Harvard Blvd, Los Angeles, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/18
null | 4.66% Cap Rate

1559-1561 S Harvard Blvd
Los Angeles, CA 90006
Koreatown


HIGHLIGHTS

  • Large units
  • Stable income
  • Potential upside in rent

OVERVIEW

Investment opportunity in Harvard Heights HPOZ (Historic Preservation Overlay Zone) neighborhood. Multi-family building with 4 large units (approximately 1,000 sf each) with potential upside in rent. All units occupied and generating stable income. Two units are 3 bedroom and 2 bathroom. Two units are 2 bedroom and 1 bathroom. Garage parking plus plenty of parking spaces behind the main building. Large lot and garage provides space for conversion or construction of an ADU. Convenient commute to Koreatown, downtown LA, shopping and restaurants.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

CAP RATE

4.66%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,874 SF

ZONING

R2-HPOZ

APN/PARCEL ID

5074-009-007

ASK ABOUT THIS PROPERTY

Jason PaukovitsDream RealtyMore Info
310-709-8743

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Jason PaukovitsDream RealtyMore Info
310-709-8743

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