400 North Harvard Boulevard
400 North Harvard Boulevard
$1,050,000
6
3
2,581
2,581
$407
Description
In a prime Hollywood location, this property boasts a duplex - 400 N Harvard Blvd and a single-family - 4461 Oakwood Ave residence spread across two parcels, offering a unique investment opportunity. Ideal for an astute investor, this setup allows for living in the single-family residence while renting out the duplex, thereby mitigating mortgage expenses. The vibrant neighborhood of Hollywood provides access to a plethora of amenities, entertainment options, and employment prospects, making it an...In a prime Hollywood location, this property boasts a duplex - 400 N Harvard Blvd and a single-family - 4461 Oakwood Ave residence spread across two parcels, offering a unique investment opportunity. Ideal for an astute investor, this setup allows for living in the single-family residence while renting out the duplex, thereby mitigating mortgage expenses. The vibrant neighborhood of Hollywood provides access to a plethora of amenities, entertainment options, and employment prospects, making it an attractive choice for residents and investors drawn to its iconic landmarks and lively nightlife. With ongoing housing shortages and regulatory trends favoring density for low-income housing, this property stands to gain from its combined lot size, corner-lot positioning, and underlying LAR3 zoning. The potential for future development is notable, offering buyers the chance to verify development possibilities. Additionally, as Hollywood experiences heightened demand for housing, there's approximately 69% upside potential for rentals. This surge in demand, coupled with the property's unique configuration, presents various exit strategies for investors, including the option to separate and sell the duplex and single-family residence individually in the future.
- Listed by Saadia 'Sam' Liberow • DRE #01933858 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 400 North Harvard Boulevard
Zoning
LAR3
Parcel Number5521024011
Total Units3.0
Living Area2581
Source Living AreaOther
AreaMid-Wilshire (C17)
Vacancy Rate1717
Lot Size Area7500
Location
LISTING UPDATED: 05/22/2024 12:01 AM
Property Details for 400 North Harvard Boulevard
Status | Active |
---|---|
MLS # | 24-391959 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1920 |
Lot Size | 0.17 AC / 7,500 SF |
County | Los Angeles County |
Location
Building Information for 400 North Harvard Boulevard
Stories1Residences-Year Built1920Building Size-Lot Size0.17 AC / 7,500 SF
Payment Calculator
$5,824 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 400 North Harvard Boulevard
Property History for 400 North Harvard Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 400 North Harvard Boulevard
Taxable ValueLand$46,627Additions$19,524Total$66,151
Tax Record2023$1,134 ($94 / month)
Home Facts
Total Finished SqFt1,771 SqFtAbove Grade Finished SqFt1,771 SqFtLot Size5,250 SqFtStyleDuplexYear Built1920ZoningLAR3CountyLOS ANGELESAPN5521-024-011
Schools near 400 North Harvard Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Harvard Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Central City Value School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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