19-Units Value-Add Near Larchmont Village 510 N Harvard Blvd Immeuble residentiel 19 lots 2 981 895 € (156 942 €/Lot) Taux de capitalisation 5,49 % Los Angeles, CA 90004

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue.
The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area.
Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 25% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities.
510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.