1125 S Harvard Boulevard Active

Los Angeles,CA 90006

$ 3494000

- Bed

0 Bath

7882 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,882 sqft

Price per Sqft $443

MLS Listing ID CL24452105

HOA Y/N No

Year Built 2024

Lot Size 5,915 Sqft

Acres 0.14

Property Description

We are proud to present this FULLY STABILIZED CASH FLOWING new construction townhome complex at 1125 S Harvard Blvd, completed at the start of 2024 in the heart of vibrant Mid-City. The property is fully occupied under one master lease at the rate of $21,400/mo over a 2-year lease term with an option to extend the lease at a 3% increase each year. The tenant is a county-funded organization that provides "transitional housing, wrap around programs and supportive services that enable participants to free themselves by circumventing the barriers that typically prevent justice impacted and homeless individuals from securing self-sufficiency." The property comprises four 3-story townhome style units and one 2-story attached Accessory Dwelling Unit (ADU), offering a blend of luxury and contemporary living. The complex spans a generous 7,882 square feet with 6,828 square feet of living space featuring 18 bedrooms and 18 bathrooms across its five units, which include four 4-bedroom and one 2-bedroom layouts. Each unit is a showcase of luxury, outfitted with high-quality finishes, ensuite bathrooms, and large picture windows that bathe the interiors in natural light. The attention to detail is evident in every aspect, from the built-in closet shelving to the private balconies, ensuring th

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Fireplace No

Appliance Dryer

Laundry Dryer,Washer

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 5080021019

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