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743 S Harvard Boulevard

Los Angeles (City), CA 90005
  • $2,300,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 25480133
UPDATED: 50 min ago
$2,300,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,855
    SQFT
  • $393
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Johnny Cho of Keller Williams Realty Los Feliz (323-300-1000)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T09:34:13.083. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159423242
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743 S Harvard Boulevard Los Angeles (City), CA 90005

  • Price: $2,300,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 50 min ago
  • MLS #: 25480133
8
Beds
0
Baths
0
½ Baths
0.16
Acres
5,855
SQFT
$393
$/SQFT
1954
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
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.
Exterior Features

Carport YN Yes Parking Features AssignedCoveredCarport Parking Total 7

Interior Features

Cooling None Cooling YN No

Property Features

Association YN No Cap Rate 3.69 Gross Income 138708 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 84779.14 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T09:34:13.083. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Johnny Cho of Keller Williams Realty Los Feliz (323-300-1000)