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4711 S Harvard Blvd Los Angeles, CA 90062

$700,000 Sold Price as of 06/12/2020

7 Beds
3 Baths
-- Sq.Ft.

Sold

$700,000 Sold Price as of 06/12/2020 Refinance Your Mortgage

Map preview of 4711 S Harvard Blvd, Los Angeles, CA 90062

Property Overview: 4711 S Harvard Blvd Los Angeles, CA has 7 bedrooms, 3 bathrooms, -- living square feet and 6,380 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two houses on one lot, just a hop, skip and a jump from USC, downtown, Koreatown and the West Side! The Expo line that takes you straight to the beach is right down the street. The front house is a craftsman with 3 bedrooms and 1 bath - updates to the bathroom, new floors and windows all around + Laundry room with washer & dryer included. Wonderful tenants included but could possibly be delivered vacant. The back unit is a Spanish style 1 bed, 1 bath above a 3 car garage. It sits high up and has great views of hundreds of palm trees and a nice breeze. The garage bays are currently being used as artist studios. The unit itself has been fully remodeled with a beautiful kitchen, stainless appliances, laminate floors, classy pink shower tiles and a downright lovely antique sink. This unit also comes with happy tenants. The whole compound is fenced in on a corner lot with big shade trees, BBQ area and a very good vibe. Offer subject to interior inspection.

Listed by Jonathan Fritz | BRE #02055093 | Compass

Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft: 6,380
HOA Dues: $0/mo
Year built: 1939
Garage: 3 Car
Property Type:: Multi Family

Status: Sold
MLS#: 20573734
City: Los Angeles
County: Los Angeles
Time on Site: 1346 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $1,800

Unit Breakdown 2

# of Units: 2
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $2,500
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 13.6
Gross Scheduled Income: --
Net Operating Income: $42,710
Gross Operating Income: $51,600

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $8,890

Property Details for 4711 S Harvard Blvd

Interior Features

Heating Information

Has Heating
Wall Furnace

Kitchen Information

Has Appliances
Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 6
Has Parking
Parking Features: Garage - Three Door, Street

Lot Information

Lot Size Source: Assessor

Property Information

Has View
View: City Lights
Total # of Units: 2
Parcel Number: 5016017017

Location / Neighborhood

Location Information

Directions: Exit Vernon off 110, head west 1.3 miles, south on Harvard, corner of 47th and Harvard Blvd

View more facts & features

Local Los Angeles Agent

Sale History for 4711 S Harvard Blvd

Last sold for $700,000 on June 12th, 2020

June, 2020
Jun 14, 2020

Date

Sold

CRMLS: 20573734

$700,000

Price
May 2, 2020

Date

Pending

CRMLS: 20573734

$700,000

Price
Apr 28, 2020

Date

Active

CRMLS: 20573734

$700,000

Price
June, 2020
Jun 12, 2020

Date

Sold (Public Records)

Public Records

$700,000

Price
April, 2019
Apr 5, 2019

Date

Sold

CRMLS: IN19040373

$635,000

Price
Mar 10, 2019

Date

Active Under Contract

CRMLS: IN19040373

$625,000

Price
Feb 22, 2019

Date

Active

CRMLS: IN19040373

$625,000

Price
Listing provided courtesy of CRMLS

Two separate houses close to Downtown Los Angeles on a sprawling corner lot! These houses are move-in ready, with renovations done within the past five years, or they can be easily customized to suit buyer. Renovations include copper plumbing, new electrical, new energy efficient windows, remodeled kitchens and bathrooms. The front house has a spacious and open living and dining area and maximizes the corner lot featuring a main front entrance on 47th Street in front and charming french doors opening to Harvard Bl. The rear home has granite counter tops in the kitchen and bathroom, tile flooring, and has been converted from plaster to drywall. Property has 3 separate garages as well as bonus and storage rooms. Each house has its own separate laundry room. Great property for an owner to occupy or for an investor to lease one or both units. Buyer may check with the city to combine a garage space with the adjacent laundry room to create an Accessory Dwelling Unit downstairs on the rear house. Both houses will be VACANT at close of escrow!

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April, 2019
Apr 5, 2019

Date

Sold (Public Records)

Public Records

$635,000

Price
February, 2019
Feb 21, 2019

Date

Canceled

CRMLS: IN18266023

$625,000

Price
Nov 4, 2018

Date

Active

CRMLS: IN18266023

$625,000

Price
Listing provided courtesy of CRMLS

Two separate houses close to Downtown Los Angeles on a sprawling corner lot! These houses are well maintained and move-in ready. Both homes have had extensive renovations within the past 5 years. Recent upgrades include copper plumbing, new electrical, energy efficient windows, kitchen and bathrooms. The 4711 S. Harvard home has granite counter tops in the kitchen and bathroom as well as tile flooring, and has been converted from plaster to drywall. Newer water heaters on both units. Property has 3 separate garages as well as bonus room and storage on 4711 S. Harvard. Separate laundry rooms in each house. Great property either for an owner to occupy, or investor to lease both units. Both houses are currently leased. Buyer may check with the city to add an Accessory Dwelling Unit by converting one of the garage spaces, combining it with the adjacent laundry room, which can be relocated to the bonus room. Income potential may be significantly increased with minimal costs in this manner.

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Tax History for 4711 S Harvard Blvd

Assessed Value (2020): $647,700

Year	Land Value	Improved Value	Assessed Value
2020	$408,000	$239,700	$647,700

Home Value Compared to the Market

This property vs the competition

4711 S Harvard Blvd sold on June 12, 2020 for 37.5% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 4711 S Harvard Blvd

Detailed summary of property

4711 S Harvard Blvd is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 7 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 6,380 square foot lot. 4711 S Harvard Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $700,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.5% lower than the current median priced home. Local homes that are currently for sale include 1723 W 59th Pl, 1745 59th Pl and 1745 W 59th Pl. While the average home in Los Angeles, CA is selling in 106 days, 4711 S Harvard Blvd has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4711 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 4711 S Harvard Blvd

Public county record property details

Beds: 3
Baths: 2
Year built: 1939
Sq. Ft.: 1,963
Lot Size: 6,379
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 17
APN: 5016-017-017

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

$850,000

Median List Price/Sq.Ft.

$557

Median Sold Price

$645,000

Median Sold Price/Sq.Ft.

$477

Total Inventory

Median Sale to List Price %

104.88%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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.