For Sale Multi-Family MLS# AR26200044

846 N Harvard Boulevard

Los Angeles, CA 90029

$1,470,000

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About 846 N Harvard Boulevard

846 N Harvard Boulevard is a compelling opportunity to acquire a classic Spanish-style four-unit property in the heart of East Hollywood and Melrose Hill neighborhood. Built in 1924, the property consists of four large one-bedroom, one-bathroom residences totaling approximately 3,632 square feet on an approximately 5,249-square-foot lot. A key feature of the offering is that one unit will be delivered available, creating immediate flexibility for either an owner-occupant or value-add investor. An owner-user has the opportunity to move into and renovate the residence to their own taste while benefiting from rental income generated by the property’s three remaining units. Alternatively, an investor can immediately renovate and reposition the vacant unit, establishing a higher rental benchmark while continuing to collect income from the occupied units. The property’s classic 1920s Spanish architecture provides character increasingly difficult to replicate in newer multifamily construction. The residences feature approximately 900-square-foot floor plans, with original architectural details and generous living spaces providing an excellent foundation for thoughtful renovation and long-term repositioning. Garage parking serving two of the four units further enhances the property’s functionality and appeal in this centrally located Los Angeles neighborhood. Located in East Hollywood, 846 N Harvard Boulevard benefits from a highly central location with convenient access to Hollywood, Larchmont Village, Los Feliz, Koreatown, Silver Lake and Downtown Los Angeles. The surrounding neighborhood offers a dense mix of employment, dining, retail and entertainment destinations, supporting continued demand for well-located rental housing. Whether acquired by an owner-occupant looking to begin investing in real estate while offsetting housing costs, or by an investor seeking a character-rich multifamily asset with immediate value-add potential, this property offers a distinctive combination of flexibility, income, architectural character and long-term upside.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1924
Stories
2
Living area
3,632 sqft
Price / sqft
$405
Lot
0.1205
Original price
$1,470,000
MLS #
AR26200044

Interior

Features
Inside
Laundry
Inside

Exterior & lot

Features
Parking spaces: 2
Construction
2
Lot
5535034010
Garage spaces
2

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
5535034010
Special conditions
Standard

Location

Area
C20 - Hollywood
County
Los Angeles
Neighborhood
East Hollywood
Directions
North of Melrose, East of Western across the street from the Lemon Grove Rec Center

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Listed by Justin McCardle, Growth Investment Group Pasade

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.