1646 N Harvard Boulevard, Hollywood, CA 90027

About this property

This property is a prime investment opportunity located at the gateway to Hollywood and Downtown LA, nestled at the base of Griffith Observatory in the vibrant East Hollywood/Los Feliz Area. The asset consists of 10 units, all of which are 1 bedroom and 1 bathroom. Built in 1949, the property is approximately 6,766 square feet and has no story-story construction. Additionally, the property includes a detached ±6-car carport with an attached laundry facility. The location of this property is excellent, as it is only three city blocks or a six-minute walk from the Metro B Line (Red) at the Hollywood/Western Station stop. The area is known for being one of Los Angeles's strongest rental markets, and the location scores a 92 via Walker's Paradise. There are also many retail destinations, eateries, and entertainment options in the immediate vicinity. The property offers significant potential for upside and value-add. The property is well-maintained and professionally managed. Additionally, seller financing is available. Buyer to verify all info.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$2,300,000

Sold October 2023 · listed $2,600,000, orig. $2,850,000, on market March 2023 · MLS #SR23040243 · Source: CRMLS

Listing Agent: Matthew Sillaman · Listing Office: LB Property Management Inc · Contact: 541-543-0407 · Bought with: Matthew Sillaman · LB Property Management Inc

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