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

Type

Apartment

Bedrooms

10

Building size

6,766 sqft

Lot size

8,490 sqft

Year built

1949

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

247695215

About this property

Value-add opportunity with a 5.77% going-in cap rate and rental upside in Los Feliz-adjacent East Hollywood. This 10-unit apartment building features all one-bedroom, one-bath units across approximately 6,766 SF. Recent capital improvements include fully replaced plumbing and an electrical panel upgrade in 2024. Amenities include secured access, on-site laundry and approximately six carport spaces. Just south of Hollywood Boulevard, the property offers a Walk Score of 92 and convenient access to the Hollywood/Western Metro B Line station, shopping, dining and entertainment. An attractive opportunity to acquire current income with room for rental growth.

Location

1646 N Harvard

Los Angeles, Los Angeles, CA, 90027