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$ 4,300,000
Est. payment /mo
New
1640 N Harvard BLVD Los Angeles, CA 90027
17 Beds
16 Baths
11,054 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,054 sqft
Price per Sqft $388
MLS Listing ID 25570135
Bedrooms 17
HOA Y/N No
Year Built 1952
Lot Size 0.325 Acres
Property Description
Tucked between East Hollywood and the heart of Los Feliz, 1640 N. Harvard offers an opportunity to reposition a character-rich, courtyard-style property near several of Northeast LA's hottest lifestyle and employment hubs. Tenants will appreciate walkable access to Los Feliz icons like Hillhurst Avenue's Maru Coffee, Found Oyster, and Alcove Caf, the trailheads of Griffith Park, and the cultural energy of Vermont Avenue, Barnsdall Art Park, and the Greek Theatre. The property is also under 2 miles from Sunset Junction in Silver Lake; and just minutes from the Hollywood Media District, a significant employment hub for entertainment, post-production, and creative tech. Set on a 14,140 SF lot, the property features a classic garden-style layout with mature landscaping, gated entry, community laundry, and ample covered carport parking. Offered at $286,667 per unit and $489 per foot, the property represents a rare combination of affordability and long-term upside. Current rents are significantly below market, with a projected 61% rental upside through interior renovations and system upgrades. Stabilized metrics pencil at a 6.44% CAP and 11.30 GRM.Additional opportunity exists in the site's underutilized lot size, which may support ADU development (buyer to verify). Investors with a long-term lens will see the location, lot size, and configuration as an ideal canvas for repositioning in a neighborhood where lifestyle is the greatest amenity.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Detached Carport, Uncovered
Community Features Gated
View Y/N No
View None
Total Parking Spaces 16
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5544016013
Security Features Gated Community
Special Listing Condition Standard
Listed by Max Berger Compass
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