423 N Harvard Blvd Los Angeles, CA 90004
East Hollywood NeighborhoodEstimated payment $26,075/month
Total Views
1,200
22
Beds
19
Baths
11,797
Sq Ft
$343
Price per Sq Ft
About This Home
Rare opportunity to acquire 423 N Harvard Blvd, a 16-unit value-add property ideally located in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Situated at the intersection of Beverly Boulevard and Western Avenue, this asset is positioned within close proximity to Koreatown, Hancock Park, Larchmont Village, Hollywood, and Silver Lake areas known for their high demand and consistent growth. Originally constructed in 1965, this two-story building spans approximately 11,797 square feet on a 14,373 square foot lot. The Property has been meticulously maintained and upgraded by the current owner, who has held the property for nearly 23 years, yet still offers substantial potential for further value enhancement. This asset is being sold with RTI (Ready to Issue) permits for four Accessory Dwelling Units (ADUs), presenting a significant opportunity to increase rental income (buyer to verify). 423 N Harvard Blvd offers investors a rare value-add opportunity with substantial upside potential. The property boasts a well-maintained unit mix of (10) one-bedroom, one-bath units, (3) two-bedroom, one-bath units, and (2) two-bedroom, two-bath units. Four units are currently vacant. Significant upgrades have already been made, including high-end finishes, modern flooring, remodeled kitchens with quartz countertops, new stainless-steel appliances, renovated bathrooms, new air conditioning units, ceiling fans, and extensive copper plumbing and electrical work. Additionally, the property features a recently installed roof and has completed the seismic soft-story retrofit. The on-site amenities include laundry facilities, secured entry, and 16 parking spaces, an especially valuable feature in this high-demand area. While the property has been thoughtfully upgraded, there remains ample opportunity to add value. A strategic renovation program, coupled with the potential for ADU development and the implementation of RUBS (Ratio Utility Billing Systems) to recapture utility costs, can drive significant rental income growth. 423 N Harvard Blvd is situated in one of Los Angeles' most desirable and rapidly appreciating submarkets. The Property is conveniently located near Larchmont Village, Hancock Park, Koreatown, Hollywood, and Silver Lake, some of the city's most coveted and sought-after neighborhoods. The area is brimming with top-tier restaurants, entertainment options, fitness centers, and shopping destinations, making it an attractive location for tenants. Given its prime location and the continued development of the surrounding area, 423 N Harvard Blvd offers investors an exceptional opportunity to capitalize on rental upside and value-add potential, ensuring long-term growth, appreciation, and strong returns.
Listing Agent
Kidder Mathews of California, Inc. License #01069127 Listed on: 07/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.33 Acre Lot
Interior Spaces
- 11,797 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Freezer
Bedrooms and Bathrooms
- 22 Bedrooms
- 19 Bathrooms
Parking
- 16 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 16 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5521-025-021
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $4,050,000 | -- | $343 / Sq Ft |
Source: The MLS
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25565269
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 4616 Rosewood Ave
- 432 N Harvard Blvd
- 510 N Harvard Blvd
- 509 1/2 N Hobart Blvd
- 511 N Hobart Blvd
- 509 N Hobart Blvd
- 502 N Serrano Ave
- 4504 Maplewood Ave
- 436 N Oxford Ave Unit 106
- 527 N Hobart Blvd
- 332 N Ardmore Ave
- 206 N Hobart Blvd
- 540 N Serrano Ave
- 4457 Rosewood Ave
- 542 N Serrano Ave
- 542 1/2 N Serrano Ave
- 422 Normandie Place
- 4713 Clinton St
- 143 N Hobart Blvd
- 206 N Oxford Ave
- 4574 Oakwood Ave Unit 4570
- 338 N Kingsley Dr Unit A
- 4513 Rosewood Ave Unit 3/4
- 417 N Ardmore Ave Unit 9
- 437 N Ardmore Ave
- 463 N Ardmore Ave
- 522 N Hobart Blvd
- 412 N Ardmore Ave
- 402 N Ardmore Ave Unit 202
- 535 N Hobart Blvd
- 517 N Serrano Ave Unit 517 1/2
- 413 Normandie Place
- 453 N Oxford Ave Unit 7
- 543 N Kingsley Dr
- 552 N Hobart Blvd
- 552 N Hobart Blvd Unit 208
- 552 N Hobart Blvd Unit 310
- 552 N Hobart Blvd Unit 316
- 141 N Hobart Blvd
- 200 N Oxford Ave Unit 11