Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,606 sqft

Lot size

7,717 sqft

Year built

1920

Stories

0

Heating

Central

Status

Active

Days on market

83

MLS #

244821497

About this property

A rare opportunity to own a beautifully updated three-unit property in the highly sought-after Melrose Hills neighborhood of Los Angeles. Perfect for investors or owner-users, this versatile property offers excellent income potential ,The front residence is a charming 4-bedroom, 2-bath single-family home featuring hardwood floors throughout, a modern kitchen with stainless steel appliances, recessed lighting, beautifully remodeled bathrooms with contemporary vanities, designer tile, brushed steel fixtures, and private front and rear yards.The property also includes two spacious, fully remodeled 2-bedroom, 1-bath apartments (approximately 900-1,000 sq. ft. each). Each unit offers updated finishes, separate gas and electric meters, and is ideal for generating strong rental income or accommodating extended family. also a possiblity to add an ADU.Ample on-site parking adds to the property's appeal for both owners and tenants.Ideally located near Melrose Avenue, residents enjoy convenient access to boutique shopping, popular restaurants, entertainment, and major transportation routes, providing easy access to Downtown Los Angeles and surrounding areas.For investors seeking additional opportunity, this property may also be purchased together with the adjacent property at 817 N. Harvard Blvd, offered at $1,275,000 for a bigger project.Please do not walk the property or disturb the tenants. Shown by appointment only with a minimum of 24 hours' notice.

Location

821 N Harvard Boulevard

Los Angeles, Los Angeles, CA, 90029