547 North Harvard Boulevard

Los Angeles, CA 90004

$930,000
Last Sold Price
5
Beds
3
Baths
1,528 Sq. Ft.
$609 / Sq. Ft.
1,528
Sq. Ft.
$609
per Sq. Ft.

Description

Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being...Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental. You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.
  1. Listed by Christina Dreyer • DRE #00999071 • Brokerage DRE #00899496 • Sotheby's International Realty

Property Details for 547 North Harvard Boulevard

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
50 x 150
Living Area
1528
Assessor Parcel Number
5521-011-018

Location

Listing Courtesy of Sotheby's International Realty, Christina Dreyer, DRE #00999071

Sold By Sotheby's International Realty, Stephen Biskup, DRE #01854478

Add your commute
LISTING UPDATED: 04/28/2023 10:00 AM

Property Details for 547 North Harvard Boulevard

StatusClosed
MLS #PF22079341
Days on Market327
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.17 AC / 7,506 SF
CountyLos Angeles County

Location

Listing Courtesy of Sotheby's International Realty, Christina Dreyer, DRE #00999071

Sold By Sotheby's International Realty, Stephen Biskup, DRE #01854478

Add your commute

Building Information for 547 North Harvard Boulevard

Stories1Residences-Year Built1913Building Size-Lot Size0.17 AC / 7,506 SF

Payment Calculator

$5,227 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$152

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 547 North Harvard Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $80,400
  • Gross Scheduled Income: $80,400
  • Net Operating Income: $75,607
  • Number Of Rented Garages: 0
  • Other Income Description: grossincome based on potential
  • Financing: Cash
Expense Details
  • Operating Expense: $4,793
  • Electric Expense: $0
  • Insurance Expense: $1,428
  • Trash Expense: $1,200
  • Water Sewer Expense: $2,165
  • Total Expenses: $4,793
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 1925
  • Tax Census Tract: 1925.10
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Value In Land
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,169
  • Unit Type Total Rent: $1,169
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 547 North Harvard Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 547 North Harvard Boulevard

Taxable ValueLand$81,023Additions$34,385Total$115,408
Tax Record2023$1,828 ($152 / month)
Home Facts
Total Finished SqFt1,528 SqFtAbove Grade Finished SqFt1,528 SqFtLot Size7,506 SqFtStyleTriplexYear Built1913ZoningLAR3CountyLOS ANGELESAPN5521-011-018

Schools near 547 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Christina Dreyer, DRE #00999071

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.