3991 S Harvard Boulevard
Los Angeles, CA 90062
- – beds
- – baths
- – sqft
- 5,986 sqft lot
- 1924 build
- – on site
Prime Investment Opportunity: This exceptional 4-unit property is a rare gem in one of LA's most vibrant and fast-growing neighborhoods. With three spacious 2-bedroom, 1-bath units (1,400 sq. ft. each) and one 3-bedroom, 1-bath unit (1,600 sq. ft.), the property offers a total of nearly 5,800 sq. ft. of rentable space (HUGE). One unit will be delivered vacant, making it an ideal opportunity for an owner-occupant investor. Live in one unit while renting out the other three to cover expenses or rent all four units for a strong income-producing asset. Located just minutes from Downtown Los Angeles, USC, Exposition Park, and Jefferson Park, the property provides tenants with easy access to shopping, dining, parks, major freeways, and public transit. Exposition Park is home to the Natural History Museum, California Science Center, and the Los Angeles Memorial Coliseum, which is set to host key events for the 2028 Summer Olympics. With the Olympics bringing international attention, increased development, and heightened rental demand to the area, this property's value is poised to grow significantly. The property is also conveniently positioned near the 110 and 10 freeways, ensuring easy commutes throughout Los Angeles. Vermont Square and its surrounding neighborhoods, including Jefferson Park and Baldwin Hills, offer a unique blend of historic charm and modern vibrancy, enhancing tenant's appeal. The combination of prime location, proximity to Jefferson Park and the upcoming Olympics, rental upside, and owner-occupancy potential makes this property a standout investment. This is a rare opportunity to secure a highly sought-after income property with both immediate cash flow and long-term appreciation. Don't miss out, rare opportunities like this one don't last!
Last checked:
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Last updated Dec 30, 2024
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MLS# 24474893 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1924
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New Construction:No
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Building Area Total:5800.00
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Total Number Of Units:4
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# of Buildings:1
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Architectural Style:Spanish
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Foundation:Raised
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Stories Total:2
Interior
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Levels:Multi/Split
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Entry Location:Main Level
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Flooring:Carpet
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Fireplace:Yes
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Fireplace:Living Room, Decorative
Location
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Directions:From I-110 North, take exit 20A for Martin Luther King Jr Blvd toward Exposition Park, turn left, then turn right onto S Harvard Blvd, the destination is the second building on the left.
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Latitude:34.01132500
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Longitude:-118.30704800
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:5986.0000
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Lot Size Acres:0.1374
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Lot Size SqFt:5986.00
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5036027026
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/29/24
Dec 29, 2024
|
Listed / Active | CRMLS_CA | $1,200,000 |
