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1245 N Harvard Blvd, Los Angeles, CA 90029
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1245 N Harvard Blvd Los Angeles, CA 90029

$1,750,000 Sold Price as of 07/11/2023
  • 11 Beds
  • 7 Baths
  • 5,000 Sq.Ft.
Sold
$1,750,000 Sold Price as of 07/11/2023 Refinance Your Mortgage
Map preview of 1245 N Harvard Blvd, Los Angeles, CA 90029

Property Overview: 1245 N Harvard Blvd Los Angeles, CA has 11 bedrooms, 7 bathrooms, 5,000 living square feet and 6,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Gated property located on a quiet cul-de-sac. 7 units, 4 of which have been refurbished. 3 units are currently vacant. Some units offer balcony or patio spaces. Parking for each unit. Property has been retrofitted to code and has new railings. The security gate was installed within the past few years. Close to Paramount & Raleigh Studios. Easy commute to L.A. City College & LA Film School & Griffith Park. Bike to Silver Lake and Los Feliz shopping, restaurants, etc. Situated in a quiet residential neighborhood. Minutes from major freeways and bus lines. Just a few blocks from Sunset Blvd. Walk to Kaiser Permanente. Do not disturb tenants. Call listing . GRM based on $2M and current rents with 2 vacancies.

Listed by Laura Kalb | BRE #00872948 | Hilton & Hyland
Last checked: 10 minutes ago | Last updated: October 1st, 2023 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
6,200
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23259023
City
Los Angeles
County
Los Angeles
Time on Site
394 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,608
  • Total Rent: $3,140
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.63
  • Gross Scheduled Income: --
  • Net Operating Income: $63,036
  • Gross Operating Income: $131,949
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1245 N Harvard Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 7
  • Parcel Number: 5537011014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Fountain Ave to N Harvard Bl, turn south. Property is between Fountain Ave & Santa Monica Bl.
View more facts & features

Local Los Angeles Agent

Sale History for 1245 N Harvard Blvd

Last sold for $1,750,000 on July 11th, 2023

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: 23255621

    $2,000,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: 23255621

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Gated property located on a quiet cul-de-sac. 7 units, 4 of which have been refurbished. 2 units are currently vacant. Some units offer balcony or patio spaces. Parking for each unit. Please do not disturb tenants. Call listing agents.

  • July, 2023

  • Jul 11, 2023

    Date

    Sold

    CRMLS: 23259023

    $1,750,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: 23259023

    $2,000,000

    Price

  • December, 2020

  • Dec 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 30, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1245 N Harvard Blvd

Assessed Value (2020): $158,884
Year Land Value Improved Value Assessed Value
2020 $45,475 $113,409 $158,884

Home Value Compared to the Market

This property vs the competition

1245 N Harvard Blvd sold on July 11, 2023 for 68.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $400 per/sqft which puts the price per square foot 47.02% lower than the current median sale per square foot for the city of Los Angeles.

About 1245 N Harvard Blvd

Detailed summary of property

1245 N Harvard Blvd is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 11 bedrooms, 7 bathrooms, roughly 5,000 living square feet, and sits on an approximately 6,200 square foot lot. 1245 N Harvard Blvd was first listed on ArdentRealEstateGroup.com on April 12, 2023. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 68.07% higher than the current median priced home. Local homes that are currently for sale include 5229 Marathon St, 1115 N Madison Ave and 812 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 93 days, 1245 N Harvard Blvd has a days on market of 89 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1245 N Harvard Blvd Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1245 N Harvard Blvd

Public county record property details
Beds
11
Baths
7
Year built
1962
Sq. Ft.
5,000
Lot Size
6,199
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5537-011-014

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
34
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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