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Listed by Jared Levine • Keller Williams Realty Calabasas
$ 3,549,000
Est. payment | /mo
6,398 SqFt
$ 3,549,000
Est. payment | /mo
6,398 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,398 sqft
Price per Sqft $554
MLS Listing ID CRSR25196763
HOA Y/N No
Year Built 2020
Lot Size 7,509 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
**Just Reduced $96,000** As the exclusive listing agent, is pleased to present Harvard Townhomes, a modern 7-unit multifamily asset ideally located in the vibrant East Hollywood sub-market of Los Angeles. Built in 2020, the property sits on a 7,509 SF lot with a 6,398 SF building footprint, zoned LAR3. Harvard Townhomes features an excellent mix of two- and three-bedroom units, as well as a studio ADU, appealing to a broad tenant base seeking modern comforts and convenience. This highly desirable non-RSO property, not subject to AB1482, offers investors a unique opportunity to acquire a newer construction asset with lower operating costs and attractive CAP Rate. Harvard Townhomes presents a rare chance to invest in a newer, turnkey asset with modern amenities designed for today's renters. The property features in-unit laundry, central A/C, secured access, and dedicated parking. Tenants pay for utilities, including trash, helping optimize operating efficiency. With interest rates trending downward, investors can take advantage of attractive financing while benefiting from the property's strong fundamentals, excellent unit mix, and low-maintenance newer construction. Strategically situated near Melrose Avenue and Western Avenue with easy access to the 101 Freeway, Harvard Townhomes
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Building
Lot Description Other
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