$10,500,000
$1M PRICE DROP

515 W Harvard St Glendale, CA 91204

Moorpark Neighborhood

Estimated payment $67,989/month

Total Views 3,949
5 Beds
4 Baths
23,598 Sq Ft
$445 Price per Sq Ft

Highlights

  • 0.53 Acre Lot
  • No HOA
  • Laundry Room
  • Herbert Hoover High School Rated A-
  • Park
  • 3-minute walk to Harvard Mini Park

About This Home

First time on the market since built in 1987, this well maintained apartment is well located within very close proximity to the Americana at Brand, the Glendale Galleria, and Downtown Glendale. Exceptional unit mix, with all two bedroom two bath units plus one three bedroom two bath unit (managers unit). The property benefits from copper plumbing, central air conditioning and heating, secured gated subterranean parking, and a gated main entrance into the building. There is a laundry room on site equipped with 3 washers and 3 dryers, owned and operated by the Seller. Please contact listing agent for additional questions or information. All offers are subject to inspection, absolutely no tours prior to receipt of an acceptable offer with evidence of funds and pre-qualification from lender. Seller and Sellers' agent make no representations or warranties as to the accuracy of the marketing information provided, Buyer and Buyers agent to conduct any and all investigations independently.

Listing Agent

George Issaians

Keller Williams R. E. Services Brokerage Phone: 818-426-6434 License #01110656 Listed on: 05/08/2025

Keller Williams R. E. Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.53 Acre Lot
  • Two or More Common Walls
  • Density is 26-30 Units/Acre

Parking

  • 46 Car Garage

Home Design

  • Apartment
  • Asphalt Roof

Interior Spaces

  • 23,598 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Phone Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 9602
  • Assessor Parcel Number 5695011045
  • $2,758 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 26 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 26 Leased Units
  • 26 Separate Electric Meters
  • 26 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,745
  • Gardener Expense $6,600
  • Insurance Expense $15,002
  • Maintenance Expense $21,210
  • Pest Control $1,702
  • Professional Management Expense $24,745
  • Trash Expense $11,865
  • Water Sewer Expense $19,382
  • New Taxes Expense $120,500
  • Operating Expense $225,720
  • Gross Income $718,992
  • Net Operating Income $481,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

46

Listing Details

  • CapRate: 4.60
  • Price Per Unit: 403846
  • Professional Management Expense: 24745.00
  • Property Attached: Yes
  • Water Sewer Expenses: 19382.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 6600.00
  • Parcel Number: 5695011045
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 444.95

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 46.00
  • Total Parking Spaces: 46.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Heating Type: Central
  • Laundry Features: Community
  • Pest Control Expense: 1702.00
  • Sewer: Public Sewer
  • Trash Expense: 11865.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 22938.00
  • Lot Size Acres: 0.5266

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 845 Square Feet
  • Average3 Bed Area: 975 Square Feet
  • Electric Expense: 1745.00
  • Gross Income: 718992.00
  • Gross Multiplier: 14.60
  • Gross Scheduled Income: 718992.00
  • Insurance Expense: 15002.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 22938.0000 Square Feet
  • Maintenance Expense: 21210.00
  • Net Operating Income: 481292.00
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 26
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 26
  • Number Of Units Total: 26
  • Operating Expense: 225720.00
  • Rent Control: No
  • Total Actual Rent: 718992.00
  • Total Expenses: 225720.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 120500.00
  • Tax Census Tract: 3023.01
  • Tax Lot: 14
  • Tax Tract Number: 9602
  • TaxOtherAnnualAssessmentAmount: 2758.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $10,500,000 -8.7% $445 / Sq Ft
05/08/2025 05/08/25 For Sale $11,500,000 -- $487 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25102668

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Glendale 91204 Moorpark

515 W Harvard St, Glendale, CA

This home is located at 515 W Harvard St, Glendale, CA 91204 and is currently priced at $10,500,000, approximately $444 per square foot. This property was built in 1987. 515 W Harvard St is a home located in Los Angeles County with nearby schools including Cerritos Elementary School, Theodore Roosevelt Middle School, and Herbert Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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George Issaians
Listing Agent
George Issaians
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Keller Williams R. E. Services
(747) 946-6164