1834 North Harvard Boulevard

Los Angeles, CA 90027

$5,250,000
Price
24
Beds
25
Baths
16,812 Sq. Ft.
$312 / Sq. Ft.
16,812
Sq. Ft.
$312
per Sq. Ft.

Description

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...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.
  1. Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01125362 • KW Commercial Studio City
  2. Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01125362 • KW Commercial Studio City

Property Details for 1834 North Harvard Boulevard

Zoning
LAR3
Parcel Number
5544010004
Total Units
23.0
Living Area
16812
Source Living Area
Vendor Enhanced
Area
Los Feliz (637)
Vacancy Rate
0
Lot Size Area
20507
LISTING UPDATED: 11/01/2024 12:01 AM

Property Details for 1834 North Harvard Boulevard

StatusActive
MLS #24-456577
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.47 AC / 20,507 SF
CountyLos Angeles County

Building Information for 1834 North Harvard Boulevard

Stories2Residences-Year Built1955Building Size-Lot Size0.47 AC / 20,507 SF

Property Information for 1834 North Harvard Boulevard

Community / Development
Community / Development
  • Number Of Units: 23
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $431,552
  • Net Operating Income: $262,785.00
  • Gross Income: $440,359
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $11.90
  • Total Annual Expense: 168766
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4708
  • Lot Size Square Feet: 20507
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 15
  • Parking Features: Covered, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,116.00
  • Unit Actual Rent: $4,232.00
  • Unit Projected Rent: $5,300.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,529.00
  • Unit Actual Rent: $30,574.00
  • Unit Projected Rent: $45,240.00
  • Like Units: 20
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,545.00
  • Unit Actual Rent: $1,545.00
  • Unit Projected Rent: $1,825.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $660,596.00
  • Assessed Improvement Percent: 60.19
  • Assessed Land Value: $436,972.00
  • Assessed Land Percent: 39.81
  • Assessed Total Value: $1,097,568.00

Property History for 1834 North Harvard Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1834 North Harvard Boulevard

Taxable ValueLand$445,711Additions$683,157Total$1,128,868
Tax Record2024$16,555 ($1,380 / month)
Home Facts
Total Finished SqFt16,812 SqFtAbove Grade Finished SqFt16,812 SqFtLot Size20,501 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAR3CountyLOS ANGELESAPN5544-010-004

Schools near 1834 North Harvard Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 7 to 12
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Grant Elementary School
PublicK to 6

Apex Academy
Charter7 to 12

Hollywood Senior High School
Public9 to 12

Richard A. Alonzo Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1834 North Harvard Boulevard is a multi-family home for sale in Los Angeles, CA 90027. This property was listed for sale on October 24, 2024 by KW Commercial Studio City, it's currently listed at $5,250,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Grant Elementary School, Apex Academy and Hollywood Senior High School. 1834 North Harvard Boulevard is a 24-bed, 25-bath, 16,812 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.