400 North Harvard Boulevard Los Angeles, CA $ 1,050,000
400 North Harvard Boulevard
$ 1,050,000
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400 North Harvard Boulevard

Los Angeles, CA, 90004
$ 1,050,000
Baths0.0 Sq 2,581

Monthly Estimate*

$ 6,979

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,050,000. This 2,581 square foot home was built in 1920 on a lot size of 0.17.

In a prime Hollywood location, this property boasts a duplex - 400 N Harvard Blvd and a single-family - 4461 Oakwood Ave residence spread across two parcels, offering a unique investment opportunity. Ideal for an astute investor, this setup allows for living in the single-family residence while renting out the duplex, thereby mitigating mortgage expenses. The vibrant neighborhood of Hollywood provides access to a plethora of amenities, entertainment options, and employment prospects, making it an attractive choice for residents and investors drawn to its iconic landmarks and lively nightlife. With ongoing housing shortages and regulatory trends favoring density for low-income housing, this property stands to gain from its combined lot size, corner-lot positioning, and underlying LAR3 zoning. The potential for future development is notable, offering buyers the chance to verify development possibilities. Additionally, as Hollywood experiences heightened demand for housing, there's approximately 69% upside potential for rentals. This surge in demand, coupled with the property's unique configuration, presents various exit strategies for investors, including the option to separate and sell the duplex and single-family residence individually in the future.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024391959

Features
General
Zoning LAR3
Pool Features None
Year Built 1920
Levels One
County Los Angeles
Net Operating Income 27390.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 7500.0
Street Name Harvard
Additional Parcels Y/N Yes
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Uncovered
Lot Size Area 7500.0
Foundation Details None
Building Area Total 2581.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 1
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Boulevard
Total Baths 0
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* Excluded Features
List By
Saadia ''Sam'' Liberow

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$6,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,979
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$1,050,000 Listed Price

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400 North Harvard Boulevard, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,050,000 with 2,581 sqft and a lot size of 0.17. 400 North Harvard Boulevard is a studio with 0.0 baths and was built in 1920. The property's zip code is 90004 which is in Los Angeles, CA