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1745 S Harvard Blvd

3 Unit Apartment Building $1,550,000 ($516,667/Unit) 4.48% Cap Rate Los Angeles, CA 90006

Apartment Buildings California Los Angeles 1745 S Harvard Blvd, Los Angeles, CA 90006

INVESTMENT HIGHLIGHTS

  • Easy Access: 10 Freeway, USC, LA Downtown
  • Well Maintained Building/Low Maintenance
  • Prime Koreatown location

EXECUTIVE SUMMARY

We are pleased to offer for sale a three-unit apartment community located at 1745 Harvard Boulevard. These Spacious 3 units income property with lot of potential and convenient residential area which is centrally located in Koreatown in presitge Harvard Heights. Situated on 5,831 square foot parcel, each unit has separate electric and gas meters. Units have own washer hookups inside. Conveniently located just minutes away from LA Downtown, Seoul International Park, Normandie Park and Benny H. Potter West Adams Avenue Memorial Park, USC 10-15 min, 110 and 10 Freeways. Property to be sold as-is. Please do NOT disturb tenants

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $90,888 $26.32
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,888 $26.32
Taxes - -
Operating Expenses - -
Total Expenses $21,631 $6.26
Net Operating Income $69,257 $20.06

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $90,888
Annual Per SF $26.32
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $90,888
Annual Per SF $26.32
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $21,631
Annual Per SF $6.26
Net Operating Income
Annual $69,257
Annual Per SF $20.06

PROPERTY FACTS

Price $1,550,000 Apartment Style Low Rise
Price Per Unit $516,667 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 4.48% Building Size 3,453 SF
Gross Rent Multiplier 17.6 Average Occupancy 100%
No. Units 3 No. Stories 2
Property Type Multifamily Year Built 1979
Property Subtype Apartment Parking Ratio 0.87/1,000 SF
Price $1,550,000
Price Per Unit $516,667
Sale Type Investment
Cap Rate 4.48%
Gross Rent Multiplier 17.6
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,453 SF
Average Occupancy 100%
No. Stories 2
Year Built 1979
Parking Ratio 0.87/1,000 SF

UNIT AMENITIES

  • Storage Space
  • Washer/Dryer Hookup
  • Hardwood Floors
  • Attic
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Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
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Walk Score® measures the walkability
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measures access to public transit. Bike Score®
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(213) 788-3357

CONTACT

  • Listing ID: 31717356

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 1745 S Harvard Blvd, Los Angeles, CA 90006

More public record information on 1745 S Harvard Blvd, Los Angeles, CA 90006

The Harvard Heights Multifamily Property at 1745 S Harvard Blvd, Los Angeles, CA 90006 is currently available. Contact One Properties for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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1745 S Harvard Blvd
(213) 788-3357 x

1745 S Harvard Blvd

Howard Chang

(213) 788-3357

(213) 788-3357

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