Los Angeles, CA 90047,6318 S Harvard BLVD
Los Angeles, CA 90047,6318 S Harvard BLVD
Los Angeles, CA 90047,6318 S Harvard BLVD
$1,100,000
Est. payment /mo
$1,155,000
4.8%
Est.Price: ?

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6 Beds
6 Baths
3,854 SqFt
SOLD DATE : 08/15/2024

Key Details

Sold Price $1,100,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,854 sqft

Price per Sqft $285

MLS Listing ID 24374321

Sold Date 08/15/24

Bedrooms 6

HOA Y/N No

Year Built 1930

Lot Size 5,445 Sqft

Property Description

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 30% 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR1

Interior

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 4

Building

Story 2

Entry Level Two,Multi/Split

Level or Stories Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6002031030

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sean Rosenzweig Marcus & Millichap
Bought with Sean Rosenzweig Marcus & Millichap

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Diego Magdaleno
Diego Magdaleno

Founder & CEO | License ID: CA DRE# 01952035

+1(818) 221-2921

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