REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Mar

Sat

Mar

Sun

Mar

Gio Ruiz Home Team

gioruizrealestate@gmail.com +1(760) 888-5232

$ 4,495,000

Est. payment -/mo

Save

Active

926 S Harvard BLVD Los Angeles, CA 90006

20 Beds

11 Baths

7,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $599

MLS Listing ID 25510313

Bedrooms 20

HOA Y/N No

Year Built 2024

Lot Size 6,751 Sqft

Property Description

926 Harvard is an ultra-premium, 100% LEASED brand-new construction NON-RENT CONTROLLED building located in the heart of Koreatown. This fully stabilized, cash-flowing asset generates close to $25,000 per month and $300,000 annually, offering an impressive 5.25% cap rate. The property features two 3 bed + 2 bath units, two 2 bed + 2 bath units, and three 2 bed + 1 bath units, plus 1 Rec-room/ office that can be converted into an ADU! There are 12 parking spaces, which is a very rare perk for new buildings. Each unit features an open floor plan with gorgeous finishes, beautiful flooring, large windows and sliding doors boasting loads of natural light. Top-of-the-line finishes, custom-designed kitchens, stainless steel appliances, showcase the highest standards of quality. In addition, there are large rooftop decks with awe-inspiring 360 views of Los Angeles. This excellent location, paired with the upscale modern units and sprawling rooftop decks with views of the city have made for quick, easy rentals. This property has extreme desirability amongst renters for years to come. Centrally located in prime Koreatown and walking distance to countless trendy shops & restaurants. This property stands out as a true pride-of-ownership investment. Little to no maintenance, tenants pay all utilities, and separate meters for gas, water, electric & trash. This modern, new construction 7 unit property is an unparalleled opportunity for an investor to acquire a remarkable asset that produces outstanding income, is not subject to rent control, and is poised to have tremendous appreciation.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Concrete, Carport, Garage, Garage Door Opener, Gated, Tandem, Uncovered

View Y/N Yes

Total Parking Spaces 12

Building

Story 3

Entry Level Three Or More,Multi/Split

Architectural Style Contemporary

Level or Stories Three Or More, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5093023058

Special Listing Condition Standard

Listed by Eliza Kerndian • Keller Williams Beverly Hills

Gio Ruiz Home Team

Real Estate Team | Real Brokerage | License ID: 02028392

+1(760) 888-5232

Gio Ruiz Home Team

926 S Harvard BLVD Los Angeles, CA 90006

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

926 S Harvard BLVD