Los Angeles, CA 90027,1640 N Harvard Blvd
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Los Angeles, CA 90027,1640 N Harvard Blvd
Los Angeles, CA 90027,1640 N Harvard Blvd
Los Angeles, CA 90027,1640 N Harvard Blvd
Los Angeles, CA 90027,1640 N Harvard Blvd
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Cristian Farias

Cristian Farias

Engel & Völkers

+1(619) 808-6567
$ 3,500,000
Est. payment /mo
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Active

1640 N Harvard Blvd Los Angeles, CA 90027

17 Beds

16 Baths

11,054 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,054 sqft

Price per Sqft $316

MLS Listing ID 25570135

Bedrooms 17

Year Built 1952

Lot Size 0.325 Acres

Property Sub-Type Multi-Family

Property Description

***$500,000 price reduction*** Tucked between East Hollywood and the heart of Los Feliz, 1640 N. Harvard offers an opportunity to reposition a character-rich, courtyard-style property near several of Northeast LA's hottest lifestyle and employment hubs.Just steps from Hollywood Boulevard and within a short walk to the Red Line station at Hollywood Boulevard and Western Avenue, this location provides exceptional transit connectivity and access to one of LA's most vibrant entertainment corridors. Tenants will appreciate convenient access to Los Feliz iconslike Hillhurst Avenue's Maru Coffee, Found Oyster, and Alcove Caf, the trailheads of Griffith Park, and the cultural energy of Vermont Avenue, Barnsdall Art Park, and the Greek Theatre. The property is also under 2 miles from Sunset Junction in Silver Lake and just minutes from the Hollywood Media District, a significant employment hub for entertainment, post-production, and creative tech. Set on a 14,140 SF lot,the property features a classic garden-style layout with mature landscaping, gated entry, community laundry, and ample covered carport parking. Offered at $233,333 per unit and $317 per foot, the property represents a rare combination of affordability and long-term upside. Current rents are significantly below market,with a projected 61% rental upside through interior renovations and system upgrades. Stabilized metrics pencil at a 8.20% CAP and 9.20 GRM. Additional opportunity exists in the site's underutilized lot size, which may support ADU development (buyer to verify). Investors with a long-term lens will see the location, lot size, and configuration as an ideal canvas for repositioningin a neighborhood where lifestyle is the greatest amenity, enhanced by direct transit access and proximity to Hollywood's entertainment epicenter.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment Other

Laundry Community

Exterior

Parking Features Uncovered, Carport Detached

Garage Spaces 16.0

Waterfront Description None

View Y/N No

View None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass
Cristian Farias

Cristian Farias

Advisor

+1(619) 808-6567

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1640 N Harvard Blvd