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19-Units Value-Add Near Larchmont Village 510 N Harvard Blvd 19 Unité Immeuble d’appartements 4 822 300 $ CAD (253 805 $ CAD/Unité) 5,49% Taux de capitalisation Los Angeles, CA 90004
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Long term ownership – the subject property has been owned for 40 years, offering a rare acquisition opportunity
- Located in a highly sought-after pocket just 1 mile from Larchmont Village, offering convenient access to boutique shops, popular eateries, and coffee
- The government required seismic retrofit work has already been completed, which saves a new investor substantially in capital and time
- There is 25 percent remaining rental upside through interior renovations
- Electrical sub-panels have been upgraded in 2025 - Buyer to verify
- New ownership may add ADUs, offering potential for increased rental income and long-term appreciation (buyer to verify)
RÉSUMÉ DE L'ANNONCE
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue.
The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area.
Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 25% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities.
510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area.
Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 25% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities.
510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
FAITS SUR LA PROPRIÉTÉ
| Prix | 4 822 300 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 253 805 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,34 AC |
| Taux de capitalisation | 5,49% | Taille du bâtiment | 13 140 pi² |
| Multiplicateur du loyer brut | 10.57 | Nombre d’étages | 2 |
| Nombre d’unités | 19 | Année de construction | 1965 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,45/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | LAR3 | ||
| Prix | 4 822 300 $ CAD |
| Prix par unité | 253 805 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,49% |
| Multiplicateur du loyer brut | 10.57 |
| Nombre d’unités | 19 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,34 AC |
| Taille du bâtiment | 13 140 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1965 |
| Ratio de stationnement | 1,45/1 000 pi² |
| Zonage | LAR3 |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 2 | - | - |
1 1
Walk Score®
Un paradis pour un marcheur (92)
Impôts fonciers
| Numéro de lot | 5521-010-027 | Évaluation des bâtiments | 477 843 $ CAD |
| Évaluation du terrain | 178 315 $ CAD | Évaluation totale | 656 158 $ CAD |
Impôts fonciers
Numéro de lot
5521-010-027
Évaluation du terrain
178 315 $ CAD
Évaluation des bâtiments
477 843 $ CAD
Évaluation totale
656 158 $ CAD
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19-Units Value-Add Near Larchmont Village | 510 N Harvard Blvd
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