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Property

Los Angeles, CA 90027 1834 N Harvard Boulevard

1834 N Harvard Boulevard Los Angeles, CA - Image 11834 N Harvard Boulevard Los Angeles, CA - Image 21834 N Harvard Boulevard Los Angeles, CA - Image 3
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1834 N Harvard Boulevard Los Angeles, CA - Image 41834 N Harvard Boulevard Los Angeles, CA - Image 51834 N Harvard Boulevard Los Angeles, CA - Image 61834 N Harvard Boulevard Los Angeles, CA - Image 7
Presented By: Nick Astrupgaard with KW Commercial Studio City;
  • MLS# 24456577
  • 10/24/2024
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  • Beds • 24
  • Baths • 25
  • SQFT • 16,812
  • Year Built • 1955

Home Details

The Hollywood Capri Apartments is a 23-unit courtyard apartment community located at 1834 North Harvard Blvd, Los Angeles, CA 90027 (Los Feliz). The property is being offered for sale for the first time in over 40 years, providing investors with a rare opportunity to acquire an irreplaceable asset in one of LA's most dynamic neighborhoods. Built in 1955, 1834 North Harvard Blvd is a mid-century courtyard property with many period details. The 23 units surround a sizeable open-air courtyard with a pool and seating areas for tenant enjoyment. In all, the property has 16,812 SF of improvements on an over-sized 20,501 SF parcel, zoned LAR3. North Harvard Blvd is a quiet, tree-lined street adjacent to Franklin Avenue and steps away from the Franklin Avenue corridor. Building amenities include intercom entry, gated parking for 15 vehicles, a large courtyard with gathering spaces/seating areas, and onsite laundry. An exceptional unit composition consists of Two (2) 2 Bedroom/1 Bathroom units, One (1) Studio apartment, and Twenty (20) 1 Bedroom/1 Bathroom apartment homes. All apartments are spacious, and select units have floor-to-ceiling windows and cursory improvements such as new flooring, ceiling fans, and partially updated bathrooms and kitchens. Current ownership completed the mandatory soft-story retrofit in 2019, installed 210 feet of new guard rails in 2023, and installed gas shut-off valves in 2019. Resident parking is accessed through a private gated driveway with parking for 15 vehicles, 10 covered parking spaces, and an additional 5 spaces at the rear of the property. Electrical and gas utilities are separately metered and paid by residents. Los Feliz is a premier rental destination in Los Angeles and commands rents comparable to many Westside and beach communities. Los Feliz attracts young and diverse residents who appreciate all the unique experiences, hippest restaurants, and destinations in the immediate area. 1834 N Harvard Blvd is a short distance from many happening coffee shops and dining options and a short drive from the City's primary employers in Hollywood and Downtown Los Angeles. 1834 N Harvard Blvd has a Walk Score of 88 out of 100. 1834 North Harvard Boulevard is an eight-minute walk from the Metro B Line (Red) at the Hollywood / Western Station stop. This location is in the Greater Griffith Park neighborhood in Los Angeles. Nearby parks include Barnsdall Park, Barnsdall Park, and Lemon Grove Park.
Presented By: Nick Astrupgaard with KW Commercial Studio City;

Interior Features for 1834 N Harvard Boulevard

Bedrooms

Total Bedrooms24

Bathrooms

Half Baths0
Total Baths25
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1834 N Harvard Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsExcellent Location in Los Feliz (90027) on Harvard Blvd off of Franklin Avenue.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income440359.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet20507.0
Lot Size UnitsSquareFeet
MLS Area637 - Los Feliz
MobileHomeRemainsYNNo
Net Operating Income262785.0
New ConstructionNo
Number Of Units Total23
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1955
ZoningLAR3

Exterior for 1834 N Harvard Boulevard

Building Area Total16812.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4708
Lot Size Area20507.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered, Uncovered
Private PoolNo
SpaNo
Total Parking15.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $5,250,000
MLS#24456577
List Date 10/24/2024
Property Type Multi-Family
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