Santa Monica, CA 90404 1234 Harvard Street
$3,099,999
35 more
Presented By: Austin Mudd with Kidder Mathews of California, Inc.;
Home Details
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.
Presented By: Austin Mudd with Kidder Mathews of California, Inc.;
Interior Features for 1234 Harvard Street
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1234 Harvard Street
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave
Attached Garage Yes
Cap Rate4.1
Carport Y/NYes
CitySanta Monica
CoolingNone
CountyLos Angeles
Days on Market8
DirectionsSouth of Wilshire/Harvard
DisclosuresRentControl
Full Baths
Garage Y/NNo
Gross Income199512.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6990.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income127208.0
New ConstructionNo
Number of Units Leased5
NumberOfUnitsTotal6
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
View Y/NNo
Waterfront Y/NNo
Year Built1961
ZoningSMR2*
Exterior for 1234 Harvard Street
Building Area Total5356.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1605
Lot Size Area6990.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Carport
SpaNo
Total Parking6.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480