423 N Harvard Blvd - Apartments FOR SALE


Los Angeles, CA 90004
$4,300,000 USD
818-574-5104
423 N Harvard Blvd, Los Angeles, CA for Sale
$4,300,000 USD
Apartments - FOR SALE
1/23
null | 5.2% Cap Rate

423 N Harvard Blvd
Los Angeles, CA 90004


HIGHLIGHTS

  • RTI Permits for 4 ADU Units
  • Easy Access to the 101 and LA Freeways
  • Very Walkable Most Errands Can be Accomplished on Foot
  • Strong Public Transit Availability Wilshire/Normandie Stop Connections to Red and Purple Lines
  • Attractive Unit Mix Ten 1+1 Three 2+1 Three 2+2

OVERVIEW

16 units in Koreatown – 5.20% CAP on Current + RTI Permits for 4 ADU. 5.20% Current Cap Rate - 6.80% Cap with ADU Units 12.12 Current GRM - 10.28 GRM with ADU Units

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

16

PRICE/UNIT

$268,750

CAP RATE

5.2%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,373 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5521-025-021

ASK ABOUT THIS PROPERTY

Clark EverittIREA, Inc.More Info
818-574-5104

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Clark EverittIREA, Inc.More Info
818-574-5104

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