603 N Harvard Boulevard, Hollywood, CA 90004
- $3,890,000
- Sold Price
- $3,890,000
- List Price
- $3,895,000
- Closing Date
- Sep 29, 2023
- Status
- CLOSED
- MLS#
- BB23127100
- Year Built
- 2023
- Lot Size
- 6,306
- Acres
- 0.14
- Lot Location
- Corner Lot, Front Yard, Landscaped
- Days on Market
- 19
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
603 N Harvard Blvd is a luxury new construction 5-unit (fourplex + large ADU) with rooftop decks on a corner lot in prime Hollywood, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! ALL units are currently leased at impressive rents of $5,000 (for all 3b/3b units), and $2,995 (2b/1b ADU). With ultra high-end finishes, unmatched construction quality, and an unheard of 5.48% cap rate, this is a deal you don’t want to miss. 603 N Harvard is a massively impressive NON RENT-CONTROLLED 5-unit made up of four mega-sized 3 bedroom/3 bathroom tri-level townhomes and one beautifully designed 2 bedroom/1 bathroom ADU! These premium townhomes feature rooftop decks, all two car side by side garages with entry into the units, massive decks, balconies off the living space, and the biggest and best floorplans we’ve ever seen in a new construction project! You will find noteworthy features including, but not limited to: bedrooms with all en-suite bathrooms, high ceilings, mega-sized living room/kitchen areas, huge walk in closets, balconies off the majority of the bedrooms, large windows everywhere you look allowing for maximum light, built in storage throughout, designer tiles, modern glossy cabinets, massive islands, natural wood water proof vinyl, and more! In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, 4 two car garages (8 parking spaces), tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come!
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Additional Information
- Taxes
- $45,397
- Appliances
- Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Neighborhood
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, High Ceilings, Living Room Deck Attached, All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $275,940
- Operating Expense
- 51503
Listing courtesy of Listing Agent: Elizabeth Maddox (elizabeth@twotofour.com) from Listing Office: The 2-4 Unit Specialists.
Listing sold by Jason Hong from Lifeway Realty, Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.