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

Powered byLuxury Presence