1415 North Harper Avenue

West Hollywood, CA 90046

$3,450,000
Last Sold Price
10
Beds
10
Baths
7,980 Sq. Ft.
$432 / Sq. Ft.
7,980
Sq. Ft.
$432
per Sq. Ft.

Description

Offered for sale for the first time in generations is The Harper, a 10-Unit multifamily apartment community located within the Harper Avenue National Register District and is considered one of the premier locations for multifamily investment and one of the finest rental neighborhoods. Building amenities include parking for all residents with 10 individualcovered parking spaces, common area laundry machines, maturelandscaping and a quiet common area patio space. Utilities areseparately metered for...Offered for sale for the first time in generations is The Harper, a 10-Unit multifamily apartment community located within the Harper Avenue National Register District and is considered one of the premier locations for multifamily investment and one of the finest rental neighborhoods. Building amenities include parking for all residents with 10 individualcovered parking spaces, common area laundry machines, maturelandscaping and a quiet common area patio space. Utilities areseparately metered for gas and electrical services. Centrally located in West Hollywood, The Harper is poised for thelong-term to further capitalize on the tremendous rent growth anddynamic momentum within the West Hollywood submarket to provide the astute investor long term appreciation and capital preservation.

Listing Agent

  1. Carl Gambino

    Carl Gambino

    Listing Agent

    Compass

    DRE #01971890

Property Details for 1415 North Harper Avenue

Zoning
WDR4*
Parcel Number
5554019020
Total Units
10.0
Living Area
7980
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
2.0
Lot Size Area
9634

Location

Listing Courtesy of Compass, Carl Gambino, DRE #01971890; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By KW Commercial Studio City, Rich Johns, DRE #01432215; Iconic Investments, Adam Zunder, DRE #01821053

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LISTING UPDATED: 10/21/2020 01:12 PM

Property Details for 1415 North Harper Avenue

StatusSold
MLS #20-601226
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.22 AC / 9,634 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Carl Gambino, DRE #01971890; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By KW Commercial Studio City, Rich Johns, DRE #01432215; Iconic Investments, Adam Zunder, DRE #01821053

Add your commute

Building Information for 1415 North Harper Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.22 AC / 9,634 SF

Payment Calculator

$18,828 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,828

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1415 North Harper Avenue

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 10
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $209,881
  • Net Operating Income: $142,032.00
  • Gross Income: $214,164
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $16.58
  • Total Annual Expense: 67849
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2212
  • Lot Size Square Feet: 9634
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 10
  • Covered Parking: 10
  • Parking Features: Covered
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Tile
  • Equipment: Range/Oven
  • Laundry: Laundry Area, Community
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-08-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,462.00
  • Unit Actual Rent: $1,462.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,295.00
  • Unit Actual Rent: $2,295.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $827.00
  • Unit Actual Rent: $827.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $779.00
  • Unit Actual Rent: $779.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $806.00
  • Unit Actual Rent: $806.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,943.00
  • Unit Actual Rent: $1,943.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $465,825.00
  • Assessed Improvement Percent: 35.02
  • Assessed Land Value: $864,219.00
  • Assessed Land Percent: 64.98
  • Assessed Total Value: $1,330,044.00

Schools near 1415 North Harper Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Carl Gambino, DRE #01971890; KW Commercial Studio City, Rich Johns, DRE #01432215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.