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For Sale

$1,399,000

5,249 sqft$267/sqft58 days on market

846 N Harvard Boulevard

Los Angeles, CA 90029

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,249

Square feet

1924

Built

Listing narrative

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.

Listing agent (MLS): Justin McCardle · Listing brokerage (MLS): Growth Investment Group Pasade

Property Details

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Price

$1,399,000

Beds

Beds n/a

Type

House

Home Size

5,249 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1924

Status

For Sale

Days on Market

58

$ / Sqft

$267

· 8% down, 7% APR, 30yr fixed
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Courtesy of Growth Investment Group Pasade