Quadplex with Gated
1229 S Harvard Blvd, Los Angeles, CA 90006
For Sale
$1,470,000
Residential Income, Los Angeles, CA
Property Size2,850 SF
Lot Size0.14 Acres
Price / SF$515.79
Days on Market140
Property Features for 1229 S Harvard Blvd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Security features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Heating system
Cooling system
Amenities
coin laundry
secure auto gate
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Sunhee Kilmer · License CA #01949622
(213) 273-6559
Added: Jun 29
Changed: Oct 24
Last Checked: Nov 15 at 1:06AM
MLS# 26852097
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Los Angeles quadplex consists of two separate buildings with a total of four residential units. The rear structure contains two 2-bedroom, 2-bathroom units and was built in 2001, while the front structure contains two 1-bedroom, 1-bathroom units dating to 1957. The property measures 2,850 square feet on a 0.1359-acre lot and is being offered in its as-is condition.
Property features include copper plumbing, coin-operated laundry, seven parking spaces, and a secure automatic gate. Parking is gated, assigned, and covered. The property is zoned LAR3 and is located near restaurants, markets, shopping, medical clinics, bus stops, Fwy 10, and LADT.
Property features include copper plumbing, coin-operated laundry, seven parking spaces, and a secure automatic gate. Parking is gated, assigned, and covered. The property is zoned LAR3 and is located near restaurants, markets, shopping, medical clinics, bus stops, Fwy 10, and LADT.
Key Highlights
- Four‑unit quadplex with 2‑bedroom/2‑bathroom and 1‑bedroom/1‑bathroom unit mix
- 2,850 square feet on a 0.1359‑acre lot
- Rear building constructed in 2001; front building constructed in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,771
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,420
$995.4K
Cap Rate 7%
$711,014
$711.0K
Cap Rate 9%
$553,011
$553.0K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$77.0K $27.00/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$71.1K $24.95/SF
− OpEx
−$21.3K −$7.48/SF
NOI
$49.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,420
Cap Rate 7%
$711,014
Cap Rate 9%
$553,011
Alternative Uses
Best Use
Multifamily LT 5
$711.0K
$622.1K – $829.5K
NOI $49,771 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$655.1K
$573.2K – $764.3K
NOI $45,859 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,294 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with two buildings, covered parking, coin laundry, and controlled vehicle access.
Where is this quadplex located?
The property is located at 1229 S Harvard Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2‑bedroom/2‑bathroom and 1‑bedroom/1‑bathroom unit mix; 2,850 square feet on a 0.1359‑acre lot; Rear building constructed in 2001; front building constructed in 1957
