603 N Harvard Blvd is a luxury new construction 5-unit (fourplex + large ADU) with rooftop decks on a corner lot in prime Hollywood, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! 3 of the 5 units are currently leased at impressive rents of $5,000 (3b/3b), $5,000 (3b/3b), and $3,000 (2b/1b ADU). With ultra high-end finishes, unmatched construction quality, and an unheard of 5.48% cap rate, this is a deal you don’t want to miss.
603 N Harvard is a massively impressive NON RENT-CONTROLLED 5-unit made up of four mega-sized 3 bedroom/3 bathroom tri-level townhomes and one beautifully designed 2 bedroom/1 bathroom ADU! These premium townhomes feature rooftop decks, all two car side by side garages with entry into the units, massive decks, balconies off the living space, and the biggest and best floorplans we’ve ever seen in a new construction project! You will find noteworthy features including, but not limited to: bedrooms with all en-suite bathrooms, high ceilings, mega-sized living room/kitchen areas, huge walk in closets, balconies off the majority of the bedrooms, large windows everywhere you look allowing for maximum light, built in storage throughout, designer tiles, modern glossy cabinets, massive islands, natural wood water proof vinyl, and more!
In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, 4 two car garages (8 parking spaces), tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come!