Active
1125 S Harvard Blvd
Los Angeles CA, 90006
$3,494,000
$443.29 per sqft
Active
18 Beds
18 Baths
7,882 sqft
Multi-family
Built in 2024
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.
24-452105
MLSⓇ ID
October 16, 2024
Listed
November 22, 2024
Updated
Map
1125 S Harvard Blvd
Los Angeles CA, 90006
Interior Features
Total Stories
3
Bedrooms
18
Total Bathrooms
18
Appliances
Dishwasher, Microwave, Dryer, Washer, Garbage Disposal, Range/Oven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Contemporary
Other Property Details
Area Name
Mid-Wilshire
Days on Market
22
Garage
Yes
Garage Spaces
3
Parking
Driveway - Pavers, Garage - 2 Car, Garage - 1 Car, Garage Is Attached, Private Garage, Assigned, Covered Parking, Uncovered, Driveway
Parking Total
8
View
Yes
View Description
City
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
---|---|---|
11/7/2024 | Price change | $3,494,000 -1% |
Listed by Yohann Bensimon with Keller Williams Hollywood Hills
Listing Contact: 310-923-1550
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Beachrock Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024