1125 Harvard Boulevard, Los Angeles, CA 90006
  • MLS#: 24452105 ( )
  • Street Address: 1125 Harvard Boulevard
  • Viewed: 2
  • Price: $3,494,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90006
  • Provided by: Keller Williams Hollywood Hills
  • Contact: Yohann Yohann
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are proud to present this FULLY STABILIZED CASH FLOWING new construction townhome complex at 1125 S Harvard Blvd, completed at the start of 2024 in the heart of vibrant Mid City. The property is fully occupied under one master lease at the rate of $21,400/mo over a 2 year lease term with an option to extend the lease at a 3% increase each year. The tenant is a county funded organization that provides "transitional housing, wrap around programs and supportive services that enable participants to free themselves by circumventing the barriers that typically prevent justice impacted and homeless individuals from securing self sufficiency." The property comprises four 3 story townhome style units and one 2 story attached Accessory Dwelling Unit (ADU), offering a blend of luxury and contemporary living. The complex spans a generous 7,882 square feet with 6,828 square feet of living space featuring 18 bedrooms and 18 bathrooms across its five units, which include four 4 bedroom and one 2 bedroom layouts. Each unit is a showcase of luxury, outfitted with high quality finishes, ensuite bathrooms, and large picture windows that bathe the interiors in natural light. The attention to detail is evident in every aspect, from the built in closet shelving to the private balconies, ensuring that these homes are not only aesthetically pleasing but also highly functional and desirable. Situated in the bustling and ever growing Mid City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high quality lifestyle but also about promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
  4. Refrigerator
Architectural Style
  1. Contemporary
Building Area Total
  1. 7882.00
Cooling
  1. Central Air
Country
  1. US
Garage Spaces
  1. 3.00
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Three Or More
  2. One
Netoperatingincome
  1. 201156.00
Parcel Number
  1. 5080021019
Parking Features
  1. Paved
  2. Garage - Two Door
  3. Garage - Single Door
  4. Private
  5. Assigned
  6. Covered
  7. Uncovered
  8. Driveway
Postalcodeplus4
  1. 2415
Sourcesystemkey
  1. 24-452105:CLAW
Totalexpenses
  1. 47940.00
Uncovered Spaces
  1. 5.00
View
  1. City Lights
Year Built
  1. 2024
Year Built Source
  1. Builder
Zoning
  1. LAR3