$3,695,000

Estimated payment $23,442/month

8 Beds
7 Baths
6,398 Sq Ft
$578 Price per Sq Ft

About This Home

As the exclusive listing agent, is pleased to present Harvard Townhomes, a modern 7-unit multifamily asset ideally located in the vibrant East Hollywood sub-market of Los Angeles. Built in 2020, the property sits on a 7,509 SF lot with a 6,398 SF building footprint, zoned LAR3. Harvard Townhomes features an excellent mix of two- and three-bedroom units, as well as a studio ADU, appealing to a broad tenant base seeking modern comforts and convenience. This highly desirable non-RSO property, not subject to AB1482, offers investors a unique opportunity to acquire a newer construction asset with lower operating costs and attractive CAP Rate.

Harvard Townhomes presents a rare chance to invest in a newer, turnkey asset with modern amenities designed for today’s renters. The property features in-unit laundry, central A/C, secured access, and dedicated parking. Tenants pay for utilities, including trash, helping optimize operating efficiency. With interest rates trending downward, investors can take advantage of attractive financing while benefiting from the property’s strong fundamentals, excellent unit mix, and low-maintenance newer construction.

Strategically situated near Melrose Avenue and Western Avenue with easy access to the 101 Freeway, Harvard Townhomes offers exceptional connectivity to major employment hubs, transit lines, and lifestyle amenities across East Hollywood and Greater Los Angeles. The property’s location in a highly sought-after urban area ensures strong rental demand, drawing professionals, creatives, and families seeking modern living in a central, vibrant neighborhood.

Listing Agent

Jared Levine

Keller Williams Realty Calabasas Brokerage Email: jared@jaredmlevine.com License #01804008 Listed on: 09/02/2025

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,582

Year Built

  • Built in 2020

Lot Details

  • 7,509 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 10 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,398 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 18 / 4
  • Assessor Parcel Number 5521005021
  • $846 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,582

Year Built

Built in 2020

Lot Details

0

Parking

10

Listing Details

  • Price Per Unit: 527857
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5521005021
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 577.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7509.00
  • Lot Size Acres: 0.1724

Multi Family

  • Lot Size Area: 7509.0000 Square Feet
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Rent Control: No

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 1925.10
  • Tax Lot: 18
  • TaxOtherAnnualAssessmentAmount: 846.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,582 $3,463,781 $2,424,647 $1,039,134
2024 $41,582 $3,395,864 $2,377,105 $1,018,759
2023 $40,777 $3,329,280 $2,330,496 $998,784
2022 $38,882 $3,264,000 $2,284,800 $979,200
2021 $10,671 $840,941 $588,659 $252,282
2020 $10,770 $832,320 $582,624 $249,696
2019 $10,132 $816,000 $571,200 $244,800
2018 $9,966 $800,000 $560,000 $240,000
2017 $3,187 $233,775 $137,576 $96,199
2016 $3,088 $229,192 $134,879 $94,313
2015 $3,048 $225,750 $132,853 $92,897
2014 $3,087 $221,329 $130,251 $91,078
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $3,695,000 -- $578 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,200,000 First American Title Company
Grant Deed $800,000 First American Title Company
Grant Deed $155,000 Chicago Title Co
Grant Deed $136,000 South Coast Title
Trustee Deed $162,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,300,000 New Conventional
Closed $2,080,000 Commercial
Previous Owner $1,600,000 Construction
Previous Owner $755,999 Commercial
Previous Owner $480,000 Purchase Money Mortgage
Previous Owner $21,000 Unknown
Previous Owner $335,000 Negative Amortization
Previous Owner $58,000 Credit Line Revolving
Previous Owner $161,660 Unknown
Previous Owner $139,500 No Value Available
Previous Owner $108,800 No Value Available
Source: Public Records

Similar Homes in Los Angeles, CA

  • 510 N Harvard Blvd, Los Angeles, CA 90004

    $3,700,000

    • 14 Beds
    • 21 Baths
    • 13,140 Sq Ft
    • 510 N Harvard Blvd
    • Los Angeles, CA

    We are 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,

    Sean Rosenzweig Marcus & Millichap

    Section Image
  • 4942 Maplewood Ave, Los Angeles, CA 90004

    $3,495,000

    • 15 Beds
    • 9 Baths
    • 7,475 Sq Ft
    • 4942 Maplewood Ave
    • Los Angeles, CA

    Built in 1987, this 9-unit apartment building stands as an excellent investment opportunity in the heart of vibrant Los Angeles. Nestled within a bustling urban center, it offers a quiet and well-maintained space, appealing to seasoned investors and newcomers alike. Conveniently situated near major transportation hubs, shopping centers, dining hotspots, and cultural attractions, the property

    Jessica Schrobilgen Berkshire Hathaway HomeServices California Properties

    Section Image
  • 4906 Rosewood Ave, Los Angeles, CA 90004

    $3,010,000

    • 16 Beds
    • 10 Baths
    • 7,875 Sq Ft
    • 4906 Rosewood Ave
    • Los Angeles, CA

    Great 9 units building most units have been updated. No City Rent Control. This property is being sold with 5328 Cleon and 857 Plymouth

    Soraya Esmaili Keller Williams Luxury

    Section Image
  • 1045 N Ardmore Ave, Los Angeles, CA 90029

    $3,750,000

    • 15 Beds
    • 16 Baths
    • 10,780 Sq Ft
    • 1045 N Ardmore Ave
    • Los Angeles, CA

    Renovated 13-unit building cash flowing at an amazing 5.25% Cap Rate from day 1 with 41% upside to an 8.2% Cap on Proforma! Attractively priced at only $348/SF and $288k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated

    Jason Tuvia Marcus & Millichap

    Section Image
  • 5235 Virginia Ave, Los Angeles, CA 90029

    $3,200,000

    • 16 Beds
    • 11 Baths
    • 6,047 Sq Ft
    • 5235 Virginia Ave
    • Los Angeles, CA

    Rare chance to acquire beautiful 4 spacious units build on 2016. Green Certified property that includes rain capturing LID containers. No Rent Control (according to Seller),All units are four bedrooms and tenant occupied. Each unit has energy efficient appliances and fixtures. It is centrally located in the beautiful Hollywood corridor, close to all amenities that the area has to offer, where you

    Laura Markosian Coldwell Banker Realty

    Section Image
  • 1216 N Kenmore Ave, Los Angeles, CA 90029

    $3,410,000

    • 16 Beds
    • 12 Baths
    • 7,896 Sq Ft
    • 1216 N Kenmore Ave
    • Los Angeles, CA

    Each of the eight apartments includes two bedrooms with spacious floorplans, as the building spans 7,896 square feet. In recent years, the entire building has undergone an extensive renovation program that upgraded several major systems as well as all unit interiors. The plumbing was updated to copper pipes while new electrical panels and subpanels were installed, which may help reduce future

    Rick Raymundo Marcus & Millichap

    Section Image
  • 1640 N Harvard Blvd, Los Angeles, CA 90027

    $4,000,000

    • 17 Beds
    • 16 Baths
    • 11,054 Sq Ft
    • 1640 N Harvard Blvd
    • Los Angeles, CA

    ***$300,000 Price Reduction*** Tucked between East Hollywood and the heart of Los Feliz, 1640 N. Harvard offers an opportunity to reposition a character-rich, courtyard-style property near several of Northeast LA's hottest lifestyle and employment hubs. Tenants will appreciate walkable access to Los Feliz icons like Hillhurst Avenue's Maru Coffee, Found Oyster, and Alcove Caf, the trailheads of

    Max Berger Compass

    Section Image
  • 514 S Mariposa Ave, Los Angeles, CA 90020

    $4,250,000

    • 17 Beds
    • 19 Baths
    • 12,294 Sq Ft
    • 514 S Mariposa Ave
    • Los Angeles, CA

    Investment Highlights: 85% of units renovated with high-end finishes. Renovated units achieving market making rents. Approximately 25% upside in rental income. Building updated with new plumbing, electrical system& double pain windows, exterior paint. Prime Koreatown location walkable to many amenities "Walkers Paradise" score of 92 on Walkscore.com

    Mark Ventre Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 6040 Carlton Way, Los Angeles, CA 90028

    $3,550,000

    • 15 Beds
    • 16 Baths
    • 14,968 Sq Ft
    • 6040 Carlton Way
    • Los Angeles, CA

    This two-story building has a nice unit mix with 10 one-bedroom units; 2 studios; 1 unit of two-bedrooms + den, two baths; and a two-bedroom, two-bath unit. There are 20 parking spaces plus a large laundry room beneath the building in a gated and secure lot. All units are separately metered for electricity and gas. The units are very large in size and the current reasonable rent roll promises

    Dannie Cavanaugh Cavanaugh Realtors

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25196763

California Regional Multiple Listing Service (CRMLS)

APN: 5521-005-021