802 N. Harvard Boulevard
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1 802 N. Harvard Boulevard LOS ANGELES Renovated Single Family Home Convert Existing to Four Units* $925,000
2 802 N. HARVARD BOULEVARD Situated in the coveted pocket of Melrose Hill in Hollywood, this recently renovated single family home can be redeveloped into four units. Zoned RD1.5, a proposal for plans reconfigure the existing home to 2+1, 1+1 with private patio, and two studios. Prime location with high rental demand near Lemon Grove Recreational Center and nearby access to 101 Freeway. 802 N. Harvard Boulevard Los Angeles 2 of 17
3 923 N. ARDMORE AVENUE 802 N. Harvard Boulevard Los Angeles 3 of 17
4 CASH FLOW Unit Mix Approx. SF Market Rents Unit ,125 $2,500 Unit 2 (potential) $1,650 Unit 3 (potential) $1,000 Unit 4 (potential) $1,100 Total: 1,969 Monthly Income $6,250 Yearly Income $75,000 Annual Expenses $18,750 25% Net Operating Income $56,250 CAP Rate Purchase Price $925,000 Rehab Cost* $50,000 Total Cost $975, N. Harvard Boulevard Los Angeles 4 of 17
5 Floor Plan 802 N. Harvard Boulevard Los Angeles 5 of 17
6 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 6 of 17
7 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 7 of 17
8 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 8 of 17
9 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 9 of 17
10 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 10 of 17
11 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 11 of 17
12 802 N. HARVARD BOULEVARD 802 N. Harvard Boulevard Los Angeles 12 of 17
13 Rental Comps 607 N. Hobart Blvd Built: 1923 Beds: 1 Baths: 1 Sq. Ft. 600 Price: $1,600 $/SqFt: $ N. Alexandria Ave Built: 1938 Beds: 1 Baths: 1 Sq. Ft. 624 Price: $1,700 $/SqFt: $ N. Ridgewood Pl Built: 1949 Beds: 1 Baths: 1 Sq. Ft. Estimate <500 Price: $1,810 $/SqFt: $ N. Harvard Boulevard Los Angeles 13 of 17
14 Rental Comps 639 N. Mariposa Ave Built: 1924, 2013 Beds: 2 Baths: 1 Sq. Ft. 915 Price: $2,450 $/SqFt: $ N. St Andrews Pl Built: 2016 Beds: 2 Baths: 1.5 Sq. Ft Price: $2,700 $/SqFt: $ Monroe St Built: 1923 Beds: 2 Baths: 2 Sq. Ft. 1,300 Price: $3,550 $/SqFt: $ N. Harvard Boulevard Los Angeles 14 of 17
15 Rental Comps 1279 N. Normandie Ave Built: 1922 Beds: Studio Baths: 1 Sq. Ft. 375 Price: $1,300 $/SqFt: $ Talmadge St Built: 1927 Beds: 2 Baths: 2 Sq. Ft. 1,114 Price: $3,495 $/SqFt: $ N. Commonwealth Ave Built: 1928 Beds: 2 Baths: 2 Sq. Ft. 950 Price: $3,300 $/SqFt: $ N. Harvard Boulevard Los Angeles 15 of 17
16 Rental Comps 853 Serrano Pl Built: 1922 Beds: 2 Baths: 2 Sq. Ft. 1,200 Price: $3,950 $/SqFt: $ N. Oxford Ave Built: 1924 Beds: 2 Baths: 1 Sq. Ft. 938 Price: $2,375 $/SqFt: $ N. Harvard Boulevard Los Angeles 16 of 17
17 ELIZABETH DONOVAN Associate Partner calbre# DARIO SVIDLER Managing EVP, Commercial Division calbre# Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, proposals, suggestions, square footage, lot size, construction plans or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate licensed professionals. All pro-formas, projections, proposals, suggestions, assumptions and estimates are presented as a possible scenario; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions and estimates. *Buyer to investigate and verify all possibilities.
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