Multifamily
510 North Harvard Boulevard
510 N Harvard Blvd, Los Angeles, CA 90004
Listing Price: $3,700,000
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue.
The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area.
Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 33% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities.
510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
510 North Harvard Boulevard
Investment Highlights
- Long term ownership – the subject property has been owned for 40 years, offering a rare acquisition opportunity
- There is 33 percent remaining rental upside through interior renovations
- Located in a highly sought-after pocket, about 1 mile from Larchmont Village allowing residents to enjoy convenient access to boutique retail shops, popular eateries and coffee shops
- Electrical sub-panels have been upgraded in 2025 - Buyer to verify
- The government required seismic retrofit work has already been completed, which saves a new investor substantially in capital and time
- New ownership may have the opportunity to add an Accessory Dwelling Unit (ADU), creating potential for increased rental income and long-term appreciation - Buyer to verify
Exclusively Listed By
Financing By
Listing Price: $3,700,000
Investment Highlights
- Long term ownership – the subject property has been owned for 40 years, offering a rare acquisition opportunity
- There is 33 percent remaining rental upside through interior renovations
- Located in a highly sought-after pocket, about 1 mile from Larchmont Village allowing residents to enjoy convenient access to boutique retail shops, popular eateries and coffee shops
- Electrical sub-panels have been upgraded in 2025 - Buyer to verify
- The government required seismic retrofit work has already been completed, which saves a new investor substantially in capital and time
- New ownership may have the opportunity to add an Accessory Dwelling Unit (ADU), creating potential for increased rental income and long-term appreciation - Buyer to verify
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 19-unit apartment community located at 510 North Harvard Boulevard. The subject property is located south of Melrose Avenue and east of Western Avenue. The property is in a desirable pocket bordering Larchmont, East Hollywood, & Koreatown. The building is near an array of shopping, along with a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment options. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 15,007 square foot parcel, the property is comprised of two bachelors, five studios, 10 one-bedroom units & two two-bedroom units. The property has 33% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 510 North Harvard Boulevard offers investors an opportunity to acquire a mid-sized asset in a desirable submarket in Los Angeles. The desirability of the surrounding area along with the value-add potential for a new owner, make 510 North Harvard Boulevard an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
