6318 S Harvard Boulevard Los Angeles, CA $ 1,200,000
6318 S Harvard Boulevard
$ 1,200,000
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6318 S Harvard Boulevard

Los Angeles, CA, 90047
$ 1,200,000
Bedrooms6 Baths6.0 Sq 3,854

Monthly Estimate*

$ 8,382

Listed by Marcus & Millichap
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 1
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 2
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 3
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 4
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 5
6318 S Harvard Boulevard, Los Angeles, CA 90047 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $1,200,000 with 6 bedrooms and 6 full baths. This 3,854 square foot home was built in 1930 on a lot size of 0.125.

We are pleased to offer for sale a six-unit apartment community located at 6318-6328 South Harvard Boulevard. The subject property is located south of Slauson Avenue and east of Western Avenue within the South LA submarket. The two buildings are located in the heart of Canterbury Knolls SoLA adjacent to Hyde Park. This location offers easy access to the best of South LA, including the USC/ North University Park, the LA Coliseum, Sofi Stadium, Intuit Dome & more. Being in close proximity to major transit corridors, tenants can conveniently access employment centers, retail & entertainment throughout the city. Situated on a 5,443 square foot parcel, the property is comprised entirely of one-bedroom units. There are two separate buildings, a duplex & a quadplex with separate entrances for each unit. There is a courtyard located between the two buildings, which has potential to be used recreational/tenant common area space. The property has 49% remaining rental upside through unit renovations. There are 4 garage spaces below the duplex. New ownership can add an attached Accessory Dwelling Unit (ADU) in place of two of the garage spaces in order to maximize growth & rental income - buyer to verify. This would leave 2 remaining garage spaces, which new ownership can rent in order to further increase income. New ownership can potentially convert one-bedroom units to two-bedroom units buyer to verify feasibility. 6318-6328 South Harvard Boulevard presents investors with a unique opportunity to acquire an asset in a South Los Angeles location with a residential feel that is a short distance to the most attractive thoroughfare in the submarket, which will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.125

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24374321

Days on Market

32

Features
General
Zoning LAR1
Year Built 1930
Stories 2
Levels Two MultiSplit
Gross Income 105320.0
County Los Angeles
Net Operating Income 67228.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions South of Gage Avenue & East of Western Avenue
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 5443.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Harvard
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Year Built Source Assessor
Cap Rate 5.6
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Exterior
Parking Features Garage
Total Parking 4.0
Lot Size Area 5443.0
Number of Buildings 2
Spa N
Building Area Total 3854.0
Lot Dimensions 40x136
Lot Size Acres 0.125
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Internal Only
Street Number 1 6318
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* Excluded Features
List By
Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$8,382
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$1,200,000 Listed Price

Map


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6318 S Harvard Boulevard, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $1,200,000 with 3,854 sqft and a lot size of 0.125. 6318 S Harvard Boulevard has 6 bedrooms, 6.0 baths, and was built in 1930. The property's zip code is 90047 which is in Los Angeles, CA