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$2,390,000
Est. payment /mo
5,855 SqFt
UPDATED:
01/21/2025 01:43 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,855 sqft
Price per Sqft $408
MLS Listing ID CL25480133
HOA Y/N No
Year Built 1954
Lot Size 6,774 Sqft
Acres 0.16
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5093018016
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Listed by Johnny Cho • Keller Williams Realty Los Feliz