1411 Harvard Blvd Los Angeles, CA 90006
- Residential income homes
- 3,476 SF
Current Use by Public Records
- Residential income homes
Property Details for 1411 Harvard Blvd
- Year built
- 1906
- Property size
- 3,476 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
- APN
- 5074005019
Description
This exceptional Los Angeles duplex, located at 1411 S Harvard Blvd, presents a compelling investment opportunity. The property, a fully renovated 1906 building (2022 renovation), boasts 3,476 square feet across two stories, encompassing two units: a four-bedroom, four-bathroom lower unit and a five-bedroom, three-bathroom upper unit. Currently operating at 100% occupancy (since November 1, 2022), this multifamily property offers a strong 4.50% cap rate on a $2,200,000 asking price ($632.91/sq ft). The property sits on a 6,426 sq ft lot in the desirable 90006 zip code, zoned LAR2, and includes four parking spaces. The building's 3,476 sq ft of air rights adds further potential. Ideal for both owner-occupancy and rental income generation, this property benefits from its proximity to major transportation routes, Downtown Los Angeles, and Koreatown, ensuring strong tenant demand. This is a net lease investment with 100% ownership and is suitable for a 1031 exchange. The property's versatile layout and prime location make it a rare find in a highly sought-after neighborhood. Don't miss this chance to acquire a premium asset with significant potential for long-term growth and return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30415488199
- Latitude
- 34.045868151457
