926 Harvard is an ultra-premium, 100% LEASED brand-new construction NON-RENT CONTROLLED building located in the heart of Koreatown. This fully stabilized, cash-flowing asset generates close to $25,000 per month and $300,000 annually, offering an impressive 5.25% cap rate. The property features two 3 bed + 2 bath units, two 2 bed + 2 bath units, and three 2 bed + 1 bath units, plus 1 Rec-room/ office that can be converted into an ADU! There are 12 parking spaces, which is a very rare perk for new buildings. Each unit features an open floor plan with gorgeous finishes, beautiful flooring, large windows and sliding doors boasting loads of natural light. Top-of-the-line finishes, custom-designed kitchens, stainless steel appliances, showcase the highest standards of quality. In addition, there are large rooftop decks with awe-inspiring 360 views of Los Angeles. This excellent location, paired with the upscale modern units and sprawling rooftop decks with views of the city have made for quick, easy rentals. This property has extreme desirability amongst renters for years to come. Centrally located in prime Koreatown and walking distance to countless trendy shops & restaurants. This property stands out as a true pride-of-ownership investment. Little to no maintenance, tenants pay all utilities, and separate meters for gas, water, electric & trash. This modern, new construction 7 unit property is an unparalleled opportunity for an investor to acquire a remarkable asset that produces outstanding income, is not subject to rent control, and is poised to have tremendous appreciation.
|
DAYS ON MARKET
|
41
|
LAST UPDATED
|
3/14/2025
|
|
YEAR BUILT
|
2024
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA |
Mid-Wilshire |
| GARAGE |
Assigned, Carport, Concrete, Garage, Garage Door Opener, Gated, Tandem, Uncovered, Yes |
| HEAT |
Central |
| LOT |
6751 sq ft |
| LOT DIMENSIONS |
50x135 |
| PARKING |
Assigned,Concrete,Carport,Garage,Garage Door Opener,Gated,Tandem,Uncovered |
| STORIES |
3 |
| STYLE |
Contemporary |
| VIEW |
Yes |
| ZONING |
LAR4 |
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Listed with Keller Williams Beverly Hills
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. as of 4/23/25 1:01 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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