Los Angeles, CA 90005 743 S Harvard Boulevard

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Presented By: Johnny Cho with Keller Williams Realty Los Feliz;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25480133
  • 01/13/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 8
  • SQFT • 5,855

Home Details

Location! Location! Location!! A rare opportunity to acquire an apartment complex in prime Koreatown near Wilshire Blvd. 743 S Harvard is centrally situated in Mid-Wilshire, just a block south of Wilshire Blvd and east of Western Ave. The complex consists of well-maintained (1) two-bedroom, (6) one-bedroom, and (1) studio, of which three were recently renovated (#3, #4 & #6). The building had seismic retrofitting in 2022 and passed LAHD inspection a few months ago. The tenants are paying for the cost of retrofitting until 2033 ($38/mo/unit). Tenants are friendly & responsible and always pay their rents on time. There are 8 parking stalls, and one stall is being used for the trash bin. Rents reported are rents as of March 2025.
Presented By: Johnny Cho with Keller Williams Realty Los Feliz;

Interior Features for 743 S Harvard Boulevard

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 743 S Harvard Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.79
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsSouth of Wilshire Blvd, North of 8th Street, East of Western Ave, & West of Normandie Avenue
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income138708.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6774.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income85379.14
New ConstructionNo
Number Of Units Total8
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1954
ZoningLAR3

Exterior for 743 S Harvard Boulevard

Building Area Total5855.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1555
Lot Size Area6774.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Covered, Carport
Private PoolNo
SpaNo
Total Parking7.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,250,000
MLS#25480133
List Date 01/13/2025
Property Type Multi-Family
Phone 714.742.6515
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