NOT LISTED FOR SALE

321 S Harvard Blvd Unit 1 Los Angeles, CA 90020

Koreatown Neighborhood
14 Beds
14 Baths
8,576 Sq Ft
9,009 Sq Ft Lot

Last Sold November 19, 2019

Last sale price $3,200,000 $373 Per Sq Ft

94 Days on Market

About This Home

As of November 2019

Trophy Property in Prime Koreatown with HUGE upside in Rent. Beautiful 10 unit, 2 story apartment located in the heart of Koreatown. Mix of 2bedroom/2baths and 1bedroom/1bath units with extremely large size units. 4 Units (2)2br and (2)1br units have been FULLY remodeled with all permits. Brand new kitchens with quartz counter top, brand new stainless steel appliances, gorgeous wide plank laminate flooring, recessed lights through out the entire unit, all dual pane windows including balcony sliding doors have been replaced. Ample parking with 13+1 spaces and leased outside laundry room for extra income. Gorgeous landscaping has been done. Perfect for owner user or for cash flow investment. Large LOT with an adjacent SFR, possible potential for redevelopment as well! DO NOT DISTURB TENANTS. DO NOT WALK ON PROPERTY. "Sold as-is" with no repairs or warranties. Contact LA for Offering Memorandum / Set-up Sheet. NEW RSO Increase is now 4% starting July 2019 - Enjoy the upside in income

Last Agent to Sell the Property

John Kim

Keller Williams Larchmont License #01828906 Listed on: 06/23/2019

Keller Williams Larchmont

Last Buyer's Agent

Alexis Kim

Keller Williams Larchmont License #01377398

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,009 Sq Ft Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 8,576 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Covered Parking

Utilities

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

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5503-006-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8576
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Laundry: Outside
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 384.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 14

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 3840.00
  • Heating: Wall
  • Water Expense: 3840.00

Fee Information

  • Gas Expense: 2198.00
  • Insurance Expense: 4475.00
  • Maintenance Expense: 2000.00
  • Trash Expense: 3132.00

Lot Info

  • Assessed Improvement Value: 613979
  • Assessed Land Value: 330695
  • Assessor Parcel Number: 5503-006-007
  • Geocode Override: No
  • Lot Size Area: 9009

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 10
  • Type Of Units: 0

Tax Info

  • Tax Expense: 36250.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
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 List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $3,200,000 -3.0% $373 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
06/23/2019 06/23/19 For Sale $3,300,000 -- $385 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Kim

    Seller's Agent in 2019

    John Kim

    Keller Williams Larchmont

    (213) 700-7598

    8 in this area

    22 Total Sales

    John Kim
    Section Image
  • Alexis Kim

    Buyer's Agent in 2019

    Alexis Kim

    Keller Williams Larchmont

    (213) 200-5882

    6 in this area

    62 Total Sales

    Alexis Kim
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-481336

The MLS
California Los Angeles County Los Angeles 90020 Koreatown

321 S Harvard Blvd Unit 1, Los Angeles, CA

Not Listed for Sale

MultiFamily

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