Hollywood Capri 1834 N Harvard Blvd Immeuble residentiel 23 lots 4 482 607 € (194 896 €/Lot) Taux de capitalisation 5,30 % Los Angeles, CA 90027

The Hollywood Capri Apartments is a 23-unit courtyard apartment community located at 1834 North Harvard Blvd, in Los Angeles, CA 90027 (Los Feliz). The property is being offered for sale for the first time in over 40 years, providing investors with a rare opportunity to acquire an irreplaceable asset in one of LA's most dynamic neighborhoods. Built in 1955, 1834 North Harvard Blvd is a mid-century courtyard property with many period details. The 23 units surround a large open-air courtyard with a pool and seating areas for tenant enjoyment. In all, the property has 16,812 SF of improvements on an over-sized 20,501 SF parcel, zoned LAR3. North Harvard Blvd is a quiet, tree-lined street adjacent to Franklin Avenue and steps away from the Franklin Avenue corridor. Building amenities include an intercom entry system, gated parking for 15 vehicles, a large courtyard with gathering spaces / seating areas, and on-site laundry facilities. An exceptional unit composition consists of two (2) 2 Bedroom/1 Bathroom units, one (1) Studio apartment, and twenty (20) 1 Bedroom/1 Bathroom apartment homes. All apartments are spacious, and select units feature floor-to-ceiling windows and additional upgrades, including new flooring, ceiling fans, and partially updated bathrooms and kitchens. Current ownership completed the mandatory soft-story retrofit in 2019, installed 210 feet of new guard rails in 2023, and installed gas shut-off valves in 2019. Resident parking is accessed through a private, gated driveway, offering 15 vehicle spaces, 10 covered parking spaces, and an additional 5 spaces located at the rear of the property. Electrical and gas utilities are separately metered and paid by residents.