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547 N Harvard Blvd, Los Angeles, CA 90004
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547 N Harvard Blvd Los Angeles, CA 90004

$930,000 Sold Price as of 04/27/2023
  • 5 Beds
  • 3 Baths
  • 1,528 Sq.Ft.
Sold
$930,000 Sold Price as of 04/27/2023 Refinance Your Mortgage
Map preview of 547 N Harvard Blvd, Los Angeles, CA 90004

Property Overview: 547 N Harvard Blvd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,528 living square feet and 7,506 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental.You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.

Listed by Christina Dreyer | BRE #00999071 | Sotheby's International Realty
Last checked: 8 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 327

Home details

Lot Sq. Ft
7,506
HOA Dues
$0/mo
Year built
1913
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PF22079341
City
Los Angeles
County
Los Angeles
Time on Site
758 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,169
  • Total Rent: $1,169
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,400
  • Net Operating Income: $75,607
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Other Income Description: grossincome based on potential
Annual Expense Breakdown
  • Total Operating Expense: $4,793
  • Electric: $0
  • Trash: $1,200
  • Insurance: $1,428
  • Water/Sewer: $2,165

Property Details for 547 N Harvard Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 6500-9999, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5521011018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: West of Kingsley, East of Western, Just South of Melrose
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 547 N Harvard Blvd

Last sold for $930,000 on April 27th, 2023

  • April, 2023

  • Apr 27, 2023

    Date

    Sold

    CRMLS: PF22079341

    $930,000

    Price

  • Apr 19, 2022

    Date

    Active

    CRMLS: PF22079341

    $1,350,000

    Price

  • July, 1999

  • Jul 12, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 547 N Harvard Blvd

Assessed Value (2020): $109,792
Year Land Value Improved Value Assessed Value
2020 $77,080 $32,712 $109,792

Home Value Compared to the Market

This property vs the competition

547 N Harvard Blvd sold on April 27, 2023 for 11.76% lower 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 $687.17 per/sqft which puts the price per square foot 8.98% lower than the current median sale per square foot for the city of Los Angeles.

About 547 N Harvard Blvd

Detailed summary of property

547 N Harvard Blvd is a triplex that recently sold in Los Angeles, CA 90004. This triplex offered 5 bedrooms, 3 bathrooms, roughly 1,528 living square feet, and sits on an approximately 7,506 square foot lot. 547 N Harvard Blvd was first listed on ArdentRealEstateGroup.com on April 19, 2022. The homeowner sold the property for $930,000. 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 11.76% lower than the current median priced home. Local homes that are currently for sale include 1220 S Hobart Blvd, 1233 Fedora St and 235 Crandall St. While the average home in Los Angeles, CA is selling in 94 days, 547 N Harvard Blvd has a days on market of 327 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 547 N Harvard Blvd Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 547 N Harvard Blvd

Public county record property details
Beds
4
Baths
3
Year built
1913
Sq. Ft.
1,528
Lot Size
7,506
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5521-011-018

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), 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.

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