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$ 1,470,000
Est. payment /mo
New
846 N Harvard BLVD Los Angeles, CA 90029
5,248 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26200044
HOA Y/N No
Year Built 1924
Lot Size 5,248 Sqft
Property Sub-Type Quadruplex
Property Description
846 N Harvard Boulevard is a compelling opportunity to acquire a classic Spanish-style four-unit property in the heart of East Hollywood and Melrose Hill neighborhood. Built in 1924, the property consists of four large one-bedroom, one-bathroom residences totaling approximately 3,632 square feet on an approximately 5,249-square-foot lot. A key feature of the offering is that one unit will be delivered available, creating immediate flexibility for either an owner-occupant or value-add investor. An owner-user has the opportunity to move into and renovate the residence to their own taste while benefiting from rental income generated by the property's three remaining units. Alternatively, an investor can immediately renovate and reposition the vacant unit, establishing a higher rental benchmark while continuing to collect income from the occupied units. The property's classic 1920s Spanish architecture provides character increasingly difficult to replicate in newer multifamily construction. The residences feature approximately 900-square-foot floor plans, with original architectural details and generous living spaces providing an excellent foundation for thoughtful renovation and long-term repositioning. Garage parking serving two of the four units further enhances the property's functionality and appeal in this centrally located Los Angeles neighborhood. Located in East Hollywood, 846 N Harvard Boulevard benefits from a highly central location with convenient access to Hollywood, Larchmont Village, Los Feliz, Koreatown, Silver Lake and Downtown Los Angeles. The surrounding neighborhood offers a dense mix of employment, dining, retail and entertainment destinations, supporting continued demand for well-located rental housing. Whether acquired by an owner-occupant looking to begin investing in real estate while offsetting housing costs, or by an investor seeking a character-rich multifamily asset with immediate value-add potential, this property offers a distinctive combination of flexibility, income, architectural character and long-term upside.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Park, Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5535034010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Justin McCardle Growth Investment Group Pasade 310-606-0192, DRE #01895720