855 S HARVARD

Estimated Monthly Payment: $54,722/mo 855 S HARVARD, Los Angeles, CA 90005 MLS# 18362518 Residential Income Listing Status: Active
39
48
31,549 sqft
41
0
0
0

REMARKS:

We are pleased to exclusively list a 32-Unit trophy multi-family apartment building locatedin the highly desirable Koreatownsubmarket of Los Angeles. Built in 1988, and not subject tothe rent stabilization ordinance, the Harvard Apartments boast a mix of 1-bedroom, 2-bedroom, 3-bedroom, and1-bedroom+loft units. The Property represents a true value-add opportunity with severalof the units inunremodeledcondition andcurrent rents below market for renovated rents.Many units have been renovated in recent years featuring wood inspired laminate flooring, granite countertops, stainless-steel appliances, and laundrymachines. Located in one of LosAngeles' most walkable neighborhoods, residents have immediateaccess tomany ofthebestrestaurants, bars and shops in Koreatown.The Property's dynamic location draws anincreasing numberof educated young-professionals thatare attractedto Koreatown's amenityrichmakeup, proximity to Los Angeles' top employment centers and transitorie

OVERVIEW:

18-362518:CLAW
Residential Income
Active
Mid-Wilshire
1988
31549
Gated Underground Parking
35
Other
Window Unit(s)

FEATURES:

Other

ROOM INFO:

39
48
48

FINANCIAL:

$12,000,000
$699,009

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Joseph Segal - Kingstone Properties, Inc.

 

01369850 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/19/2018