1234 Harvard Street Active

Santa Monica,CA 90404

$ 3049999

- Bed

0 Bath

5356 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $569

MLS Listing ID CL24429851

Year Built 1961

Lot Size 6,990 Sqft

Property Description

1234 Harvard St is located in a prime Santa Monica neighborhood just steps away from Erewhon, Los Angeles's premier luxury grocery store. This property offers an owner minimal low vacancy and fast turnovers due to its fantastic location and proximity to jobs and three grocery stores within a half-mile distance. The property is located nearby Wilshire Boulevard, offering residents each access to the beach, Santa Monica Promenade, or other job centers in LA such as Culver City, Century City, and Sherman Oaks. The property has been meticulously maintained by its current owners. The property features large balconies in some units and parking foreach unit. 1234 Harvard represents a unique opportunity to acquire a pride of ownership property in a great neighborhood of Santa Monica with an opportunity to capture over 27% in rental upside on currently occupied units and 44% upside inclusive of an ADU. Buyer to do their own due diligence regarding financials and ADU feasibility.

Location

State CA

County Los Angeles

Area Listing

Zoning SMR2

Interior

Heating Wall Furnace

Cooling None

Building

New Construction No

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