3986 S Harvard Blvd, Los Angeles, CA 90062
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3986 S Harvard Blvd Los Angeles, CA 90062

$1,300,000 Sold Price as of 11/29/2023
  • 10 Beds
  • 7 Baths
  • 2,500 Sq.Ft.
Sold
$1,300,000 Sold Price as of 11/29/2023 Refinance Your Mortgage

Map preview of 3986 S Harvard Blvd, Los Angeles, CA 90062

Property Overview: 3986 S Harvard Blvd Los Angeles, CA has 10 bedrooms, 7 bathrooms, 2,500 living square feet and 5,981 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor's Dream in Vibrant South LA - Triplex Opportunity! This vacant triplex presents an exceptional investment opportunity, each unit has been completely renovated including HVAC, Plumbing, new roof, custom kitchen and baths with quartz counters and marble tile . Comprising three separate units with boundless potential, this property is a prime choice for investors looking to grow their real estate portfolio in South LA. All units are currently vacant, allowing for customization to suit your investment strategy. Situated in a vibrant and up-and-coming neighborhood in South Los Angeles, this triplex is perfectly positioned for potential tenants with its proximity to shopping, dining, and public transportation. Don't miss your chance to leave your mark in the South LA market. Live in one unit and offset your mortgage with the other two or rent all three and cashflow this turnkey investment!

Listed by Sean Hughes | BRE #01924935 | Craft & Bauer Real Estate Co.
Last checked: 12 minutes ago | Last updated: November 29th, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
5,981
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23319961
City
Los Angeles
County
Los Angeles
Time on Site
214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3986 S Harvard Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5036028018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Harvard and MLK
View more facts & features

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Sale History for 3986 S Harvard Blvd

Last sold for $1,300,000 on November 29th, 2023
  • November, 2023

  • Nov 29, 2023

    Date

    Sold

    CRMLS: 23319961

    $1,300,000

    Price

  • Oct 17, 2023

    Date

    Active

    CRMLS: 23319961

    $1,299,000

    Price

  • September, 2022

  • Sep 2, 2022

    Date

    Sold

    CRMLS: SB22114656

    $785,000

    Price

  • Jun 10, 2022

    Date

    Active

    CRMLS: SB22114656

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Exposition Park! This Great value add opportunity is just what you’ve been looking for! This Duplex offers a 1 bedroom 1 bath unit 3988, and a 2 bedroom 1 bath unit 3986! Both units will come with laundry hookups separate gas, and separate water meters, and there is a 2-car detached garage in the spacious backyard with tons of ADU potential. Live in one & rent the others, this is a great opportunity to grab that LA duplex you’ve always wanted. Centrally located, and within walking distance to museums, multiple sports arenas, metro lines, and downtown LA this is a prime location. Get it before it gets away, buyers must cooperate with sellers 1031 exchange.

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Tax History for 3986 S Harvard Blvd

Assessed Value (2020): $180,271
Year Land Value Improved Value Assessed Value
2020 $45,146 $135,125 $180,271

Home Value Compared to the Market

This property vs the competition

3986 S Harvard Blvd sold on November 29, 2023 for 9.16% 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 $519.6 per/sqft which puts the price per square foot 31.18% lower than the current median sale per square foot for the city of Los Angeles.

About 3986 S Harvard Blvd

Detailed summary of property

3986 S Harvard Blvd is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 2,500 living square feet, and sits on an approximately 5,981 square foot lot. 3986 S Harvard Blvd was first listed on ArdentRealEstateGroup.com on October 17, 2023. The homeowner sold the property for $1,300,000. 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 9.16% higher than the current median priced home. Local homes that are currently for sale include 1492 W 35th Pl, 1275 W 37th Dr and 1805 W 35th St. While the average home in Los Angeles, CA is selling in 92 days, 3986 S Harvard Blvd has a days on market of 9 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3986 S Harvard Blvd Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3986 S Harvard Blvd

Public county record property details
Beds
3
Baths
2
Year built
1922
Sq. Ft.
2,082
Lot Size
5,981
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5036-028-018

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

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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.