$1,480,000

Estimated payment $8,495/month

Total Views 2,119
6 Beds
6 Baths
2,850 Sq Ft
$519 Price per Sq Ft

About This Home

Unlock the POTENTIAL of "1229 S Harvard Blvd," This well-maintained 4-unit income property offers substantial rental income and exceptional long-term growth in one of LA's most sought-after real estate markets. High-Value Investment Opportunity! No Rent Control on the rear building Two spacious 2 bed + 2 bath units built in 2001. The seller currently occupies one unit and will vacate upon sale. Steady Income Potential Two charming 1 bed + 1 bath units in the front building, built in 1957. Prime Loca: Conveniently close to shopping, dining, entertainment, and major freeways, ensuring high tenant demand! This is a golden opportunity for investors or owner-occupants looking to maximize returns. One vacant unit at closing offers added flexibility! Don't miss out on this rare find in a booming neighborhood!

Listing Agent

Jeffrey Park

New Star Realty License #01967670 Listed on: 02/17/2025

New Star Realty

Co-Listing Agent

Michelle Chung

New Star Realty License #01983360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 1957

Lot Details

  • 5,918 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5080-020-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,169

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2850
  • Lot Acreage: 0.1359
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 519.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 53.61
  • Assessed Improvement Value: 207780
  • Assessed Land Percent: 46.39
  • Assessed Land Value: 179813
  • Total Assessed Value: 387593
  • Assessor Parcel Number: 5080-020-007
  • Lot Size Area: 5918

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 4
  • Total Annual Expense: 22470
  • Type Of Units: 4 Units
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,169 $395,344 $183,409 $211,935
2024 $5,169 $387,593 $179,813 $207,780
2023 $5,080 $379,994 $176,288 $203,706
2022 $4,862 $372,544 $172,832 $199,712
2021 $4,788 $365,241 $169,444 $195,797
2019 $4,654 $354,410 $164,419 $189,991
2018 $4,530 $347,462 $161,196 $186,266
2016 $4,312 $333,972 $154,938 $179,034
2015 $4,253 $328,956 $152,611 $176,345
2014 $4,294 $322,513 $149,622 $172,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 For Sale $1,480,000 -- $519 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Individual Deed $125,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $75,000 Credit Line Revolving
Closed $370,000 New Conventional
Closed $350,000 New Conventional
Closed $50,000 Unknown
Closed $250,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Closed $242,000 Unknown
Closed $130,000 Credit Line Revolving
Closed $50,000 Unknown
Closed $24,000 Stand Alone Second
Closed $112,500 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25498933

The MLS

APN: 5080-020-007