REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,470,000
Est. payment | /mo
1 Bed
1 Bath
5,249 Sqft Lot
$ 1,470,000
Est. payment | /mo
1 Bed
1 Bath
5,249 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26200044
Bedrooms 1
Lot Size 5,249 Sqft
Property Sub-Type Res Income 2-4 Units
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 propertys 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 propertys 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 propertys 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 neighb
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Melrose, East of Western across the street from the Lemon Grove Rec Center
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5535034010
Acceptable Financing Cash
Listing Terms Cash
Listed by Justin McCardle, DRE#01895720 Growth Investment Group Pasade
Schools and Properties Nearby