Property Detail

Description

1630 N Harvard Blvd, a well-positioned 7-unit multifamily community located in the vibrant Thai Town / East Hollywood neighborhood in one of Los Angeles' most walkable and transit-friendly rental submarkets. Built in 1963, this solid investment asset offers approximately 5,993 square feet of living space on a 7,069 square foot lot. The property currently has three vacant units, with two additional units scheduled to vacate at the close of escrow. One tenant has already executed a cash for-keys agreement with the current ownership, providing investors with immediate repositioning potential. (Please inquire with the listing agent for details). Two of the seven units have been fully remodeled with contemporary finishes. Highlights include wide-plank grey flooring, recessed lighting, beautifully updated kitchens with stainless steel appliances, marbled granite counters, sleek white cabinetry, and striking hexagonaltile backsplashes. Each remodeled unit also offers the convenience of an in-unit washer and dryer. Bathrooms have been completely modernized, featuring stylish fixtures, a luxurious rain showerhead, and the option for a relaxing soak in the tub. Each unit is individually metered for gas and electricity, minimizing landlord expenses and maximizing operational efficiency. The building also provides on-site parking with both tandem and covered options. With several units already vacant and strong rent-growth potential through additional interior upgrades, 1630 N Harvard Blvd offers a compelling opportunity for investors seeking both immediate value-addupside and long-term cash flow stability. The property's location in a high-demand rental corridor ensures enduring tenant demand, excellent walkability, and convenient access to public transit, shops, dining, and major employment centers. Don't miss this opportunity to acquire a well-maintained multifamily asset in one of Los Angeles' most desirable and transit-oriented neighborhoods.