CA > Los Angeles
Los Angeles, CA 90027,1640 N Harvard BLVD
Los Angeles, CA 90027,1640 N Harvard BLVD
Los Angeles, CA 90027,1640 N Harvard BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,300,000
Est. payment /mo
17 Beds
16 Baths
11,054 SqFt
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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

Read Less Info
CRMLS – RECore
Listed by Max Berger Compass

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