6318 Harvard Boulevard
6318 Harvard Boulevard
$1,200,000
6
6
3,854
3,854
$311
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...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.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 6318 Harvard Boulevard
Zoning
LAR1
Parcel Number6002031030
Total Units6.0
Living Area3854
Source Living AreaAssessor
AreaLos Angeles Southwest (C34)
Vacancy Rate1
Lot Size Area5443
Location
LISTING UPDATED: 04/06/2024 12:01 AM
Property Details for 6318 Harvard Boulevard
Status | Active |
---|---|
MLS # | 24-374321 |
Days on Market | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1930 |
Lot Size | 0.12 AC / 5,443 SF |
County | Los Angeles County |
Location
Building Information for 6318 Harvard Boulevard
Stories2Residences-Year Built1930Building Size-Lot Size0.12 AC / 5,443 SF
Payment Calculator
$7,270 per month
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Property Information for 6318 Harvard Boulevard
Property History for 6318 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 6318 Harvard Boulevard
Taxable ValueLand$389,466Additions$252,809Total$642,275
Tax Record2023$8,649 ($721 / month)
Home Facts
Total Finished SqFt3,854 SqFtAbove Grade Finished SqFt3,854 SqFtLot Size5,443 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningLAR1CountyLOS ANGELESAPN6002-031-030
Schools near 6318 Harvard Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Learning by Design Charter CharterK to 5 | ||
ICEF Lou Dantzler Preparatory Academy Charter CharterK to 8 | ||
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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