926 S Harvard Blvd Los Angeles, CA 90006

Multi-Family (2-4 Units) MLS #: 25510313 Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

$4,495,000

20 beds | 7,500 sq ft
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Estimated monthly payments: $19,649/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: 1-5 Years Old
  • Architecture Style: Contemporary
  • Floor Covering: Laminate, Tile
  • Heating System: Central Furnace
  • Lot Size: 0.16 Acres

MAP & DIRECTIONS

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926 S Harvard Blvd, Los Angeles, CA 90006
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School Information

926 S Harvard Blvd, Los Angeles, CA 90006

Elementary School
Grades KG-5 | Public School
HOBART BOULEVARD ELEMENTARY SCHOOL
Los Angeles, CA 90006
980 S Hobart Blvd
213.­386.8661
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
524
Middle School
Grades 6-8 | Public School
BERENDO MIDDLE SCHOOL
Los Angeles, CA 90006
1157 S Berendo St
213.­739.5600
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
680
High School
Grades 9-12 | Public School
RFK COMMUNITY SCHOOLS - SCHOOL FOR THE VISUAL ARTS & HUMANITIES
Los Angeles, CA 90005
701 S Catalina St
213.­480.4700
Distance: 0.5 mi
School Rating
C+
Student:Teacher Ratio
18:1
Total Students
436
High School
Grades 9-12 | Public School
RFK COMMUNITY SCHOOLS - LOS ANGELES HIGH SCHOOL OF THE ARTS
Los Angeles, CA 90005
701 S Catalina St
213.­480.4600
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
434
Other Nearby Schools Distance Type Grades School Rating
Vista Horizon Global Academy 0.1 mi Public KG-5 C-
Mariposa - Nabi Primary Center 0.3 mi Public KG-2
Rfk Community Schools - New Open World Academy 0.4 mi Public KG-12 C-
Rfk Community Schools - Ambassador School Of Global Education 0.4 mi Public KG-5 D
Los Angeles Elementary 0.4 mi Public KG-5 C-
Olive Tree Christian Academy 0.5 mi Private KG-6
Rfk Community Schools - Ucla Community School 0.5 mi Public KG-12 C+
Brawerman Elementary East Of Wilshire Blvd Temple 0.5 mi Private KG-6
University Of Silvaner 0.5 mi Private 9-12
Rfk Community Schools - Ambassador School Of Global Leadership 0.5 mi Public 6-12 C
Bishop Conaty-our Lady Of Loretto High School 0.6 mi Private 9-12
Monsenor Oscar Romero Charter Middle School 0.6 mi Public 6-8 D
Everest Value 0.7 mi Public KG-8
Wilton Place Elementary 0.7 mi Public KG-5 C
St James Episcopal School 0.7 mi Private PK-6
St Thomas The Apostle Elementary School 0.7 mi Private KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90006

Median Age: 37
Married: 33%
Number of Households: 19,249
Households with Children: 30%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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