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Listed by Jared Levine • Keller Williams Realty Calabasas
$ 3,695,000
Est. payment | /mo
7,509 Sqft Lot
$ 3,695,000
Est. payment | /mo
7,509 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25196763
Year Built 2020
Lot Size 7,509 Sqft
Source California Regional MLS
Property Description
As the exclusive listing agent, is pleased to present Harvard Townhomes, a modern 7-unit multifamily asset ideally located in the vibrant East Hollywood sub-market 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
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Other
Exterior
Garage Spaces 10.0
Pool None
Building
Water District - Public
Others
Tax ID 5521005021
Special Listing Condition Not Applicable
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Dave Lucas
REALTOR® | Lic# 02092197