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$ 1,200,000
Est. payment /mo
New
3991 S Harvard BLVD Los Angeles, CA 90062
9 Beds
4 Baths
5,800 SqFt
UPDATED:
01/06/2025 01:10 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $206
MLS Listing ID 24474893
Bedrooms 9
HOA Y/N No
Year Built 1924
Lot Size 5,985 Sqft
Property Description
Prime Investment Opportunity: This exceptional 4-unit property is a rare gem in one of LA's most vibrant and fast-growing neighborhoods. With three spacious 2-bedroom, 1-bath units (1,400 sq. ft. each) and one 3-bedroom, 1-bath unit (1,600 sq. ft.), the property offers a total of nearly 5,800 sq. ft. of rentable space (HUGE). One unit will be delivered vacant, making it an ideal opportunity for an owner-occupant investor. Live in one unit while renting out the other three to cover expenses or rent all four units for a strong income-producing asset. Located just minutes from Downtown Los Angeles, USC, Exposition Park, and Jefferson Park, the property provides tenants with easy access to shopping, dining, parks, major freeways, and public transit. Exposition Park is home to the Natural History Museum, California Science Center, and the Los Angeles Memorial Coliseum, which is set to host key events for the 2028 Summer Olympics. With the Olympics bringing international attention, increased development, and heightened rental demand to the area, this property's value is poised to grow significantly. The property is also conveniently positioned near the 110 and 10 freeways, ensuring easy commutes throughout Los Angeles. Vermont Square and its surrounding neighborhoods, including Jefferson Park and Baldwin Hills, offer a unique blend of historic charm and modern vibrancy, enhancing tenant's appeal. The combination of prime location, proximity to Jefferson Park and the upcoming Olympics, rental upside, and owner-occupancy potential makes this property a standout investment. This is a rare opportunity to secure a highly sought-after income property with both immediate cash flow and long-term appreciation. Don't miss out, rare opportunities like this one don't last!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating Floor Furnace
Cooling None
Flooring Carpet
Fireplaces Type Decorative, Living Room
Fireplace Yes
Exterior
Parking Features None
View Y/N Yes
Building
Story 2
Entry Level Multi/Split
Foundation Raised
Architectural Style Spanish
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5036027026
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Mohammad Moe Maithalouni • The Homes Network