NOT LISTED FOR SALE

1707 S Harvard Blvd Los Angeles, CA 90006

Harvard Heights Neighborhood
6 Beds
6 Baths
4,110 Sq Ft
5,832 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $840,000 $204 Per Sq Ft

78 Days on Market

About This Home

As of November 2020

First time in the market since 1996. Value add opportunity. Low actual rents incredible room for revenue increases as the asset is stabilized. Priced aggressively for a fast escrow. Do not disturb tenants. They are unaware of sale. Individually metered for gas and electric. Front building has a 2 bedroom 1 bath unit, a 1 bedroom 1 bath unit and a single unit. Second building has two 1 bedroom 1 bath units and third building is a single unit. Total current monthly rent is $4,600 per month. If it were are market rents it would be $8,400. Big room for improvement. This building is in a Historic Preservation Zone but it is NOT listed as a Historic Building. Drive by and submit offer with proof of funds. One unit is non-conforming. Tax records show 5 units. It has been 6 units since owner bought it in 1996. Buyer to conduct their own due diligence. Tax records show firve units.

Last Agent to Sell the Property

Ronald Escobar

eXp Realty of California Inc License #01460645 Listed on: 08/04/2020

Last Buyer's Agent

Ronald Escobar

eXp Realty of California Inc License #01460645 Listed on: 08/04/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,832

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 4,110 Sq Ft Home
  • 2-Story Property
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Additional Features

  • 5,832 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5074-021-016

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 4110
  • Lot Acreage: 0.1339
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 218.71

Exterior Features

  • Other Structures: None
  • Roof: Asphalt, Flat

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 8

Utilities

  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 16.00
  • Assessed Improvement Value: 33669
  • Assessed Land Percent: 84
  • Assessed Land Value: 176813
  • Total Assessed Value: 210482
  • Assessor Parcel Number: 5074-021-016
  • Lot Size Area: 5832

Rental Info

  • Total Actual Rent: 100800.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.91
  • Number Of Units: 6
  • Total Annual Expense: 24444
  • Type Of Units: Residential
  • Vacancy Rate: 0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $840,000 -6.6% $204 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $898,888 -4.2% $219 / Sq Ft
09/21/2020 09/21/20 Price Changed $938,000 -3.1% $228 / Sq Ft
09/15/2020 09/15/20 Price Changed $968,000 0.0% $236 / Sq Ft
09/15/2020 09/15/20 For Sale $968,000 -7.8% $236 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,050,000 -- $255 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ronald Escobar

    eXp Realty of California Inc

    Section Image
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Map

Source: The MLS

MLS Number: 20-613500

The MLS
California Los Angeles County Los Angeles 90006 Harvard Heights

1707 S Harvard Blvd, Los Angeles, CA

This home is located at 1707 S Harvard Blvd, Los Angeles, CA 90006 since 04 August 2020. This property was built in 1921. 1707 S Harvard Blvd is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Carson-Gore Academy Of Enviornmental Studies, and Pio Pico Middle School.

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