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1229 S Harvard Blvd
Los Angeles, CA 90006
Multifamily Property For Sale
·
4 Units
Executive Summary
Unlock the POTENTIAL of "1229 S Harvard Blvd," This well-maintained 4-unit income property offers substantial rental income and exceptional long-term growth in one of LA's most sought-after real estate markets. High-Value Investment Opportunity! No Rent Control on the rear building Two spacious 2 bed + 2 bath units built in 2001. The seller currently occupies one unit and will vacate upon sale. Steady Income Potential Two charming 1 bed + 1 bath units in the front building, built in 1957. Prime Loca: Conveniently close to shopping, dining, entertainment, and major freeways, ensuring high tenant demand! This is a golden opportunity for investors or owner-occupants looking to maximize returns. One vacant unit at closing offers added flexibility! Don't miss out on this rare find in a booming neighborhood!
Property Facts
| Price Per Unit | $506,793 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.55% | Building Size | 2,850 SF |
| Gross Rent Multiplier | 16 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1957/2001 |
| Property Subtype | Apartment | Parking Ratio | 2.11/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3 - Multiple Dwelling | ||
| Price Per Unit | $506,793 CAD |
| Sale Type | Investment |
| Cap Rate | 4.55% |
| Gross Rent Multiplier | 16 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,850 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2001 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | R3 - Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 5080-020-007 | Improvements Assessment | $290,438 CAD |
| Land Assessment | $251,346 CAD | Total Assessment | $541,783 CAD |
Property Taxes
Parcel Number
5080-020-007
Land Assessment
$251,346 CAD
Improvements Assessment
$290,438 CAD
Total Assessment
$541,783 CAD
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