6318 Harvard Blvd Los Angeles, CA 90047
Harvard Park Neighborhood
6
Beds
6
Baths
3,854
Sq Ft
5,443
Sq Ft Lot
About This Home
As of August 2024We 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 30% 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.
Last Agent to Sell the Property
Marcus & Millichap License #01406343 Listed on: 03/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,802
Year Built
- Built in 1930
Lot Details
- 5,443 Sq Ft Lot
- Lot Dimensions are 40x136
Parking
- 4 Car Garage
Home Design
- Split Level Home
Interior Spaces
- 3,854 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 6002-031-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2024
Closed on
Aug 8, 2024
Sold by
Bradley De Vera Living Trust and Edel G Vera Living Trust
Bought by
Harvard Apts Llc
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,820
Avg. Annual Appreciation
0.30%
Original Mortgage
$825,000
Outstanding Balance
$785,979
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$317,061
Purchase Details
Closed on
May 3, 2004
Sold by
Easter Blanche Ruth
Bought by
Vera Edel G and Bradley Nfn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
6%
Mortgage Type
Commercial
Similar Homes in the area
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | Lawyers Title Company | |
| Grant Deed | $465,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $825,000 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $363,000 | Commercial | |
| Previous Owner | $307,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $1,100,000 | -4.8% | $285 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | Price Changed | $1,155,000 | -3.8% | $300 / Sq Ft |
| 03/29/2024 03/29/24 | For Sale | $1,200,000 | -- | $311 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,802 | $655,120 | $397,255 | $257,865 |
| 2023 | $8,649 | $642,275 | $389,466 | $252,809 |
| 2022 | $8,282 | $629,682 | $381,830 | $247,852 |
| 2021 | $8,165 | $617,337 | $374,344 | $242,993 |
| 2019 | $7,941 | $599,029 | $363,242 | $235,787 |
| 2018 | $7,842 | $587,284 | $356,120 | $231,164 |
| 2016 | $7,443 | $564,482 | $342,293 | $222,189 |
| 2015 | $7,343 | $556,004 | $337,152 | $218,852 |
| 2014 | $7,404 | $545,113 | $330,548 | $214,565 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Rosenzweig
Seller's Agent in 2024
Sean Rosenzweig
Marcus & Millichap
(213) 943-1800
1 in this area
67 Total Sales
Map
Source: The MLS
MLS Number: 24-374321
APN: 6002-031-030
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© 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.
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