6203 S Harvard Blvd, Los Angeles, CA 90047
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6203 S Harvard Blvd Los Angeles, CA 90047

$900,000 Sold Price as of 03/23/2023
  • 7 Beds
  • 5 Baths
  • 3,505 Sq.Ft.
Sold
$900,000 Sold Price as of 03/23/2023 Refinance Your Mortgage

Map preview of 6203 S Harvard Blvd, Los Angeles, CA 90047

Property Overview: 6203 S Harvard Blvd Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,505 living square feet and 5,869 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: These 4 Large units boast 3505 sq ft of Livng Space, consist of a 4 bedroom 2 bath, Three 1 bedroom 1 bath units each appoximtely 700 sq ft in living space ,5 Car Garages and on site Laundry room on a 5869 corner lot. . Quadruplex is made up of three residential buildings with Stunning curb appeal and drought tolerant landscape diagonal to the coveted Jackie Tatum/Harvards Baseball field . The 4 bedroom 2 bath unit sits over the 5 Car garage , each tenant has access to 1 car gargae while leaving 1 garage VACANT. This Garage conveniently faces the alley and shares a common wall with the Laundry room making it a potential space for an ADU ! The middle 2 Story building feautures a 1 bedroom 1 bath on the Top and Bottom level and the Single Level building at Front facing 62nd street is a Large 1 bedroom 1 bath House .Property is Zoned R3 and Located in a Tier 1 Opportunity Zone . Incredible opportunity to own half the block at Harvard blvd. wit HUGE Upside rent potential in a strong rental market while presently collecting good rents. Location is 2 miles away from Hyde Park , 1 mile away from the 110 Freeway, min away from the iconic Sofi Stadium,Down Town LA,Crypto arena, Banc of California Stadium and USC . Thee Perfect Buy and Hold property or 1031 Up-Leg Exchange

Listed by JOSEPHINE SAN LUCAS | BRE #01308257 | COLDWELL BANKER EXCLUSIVE
Last checked: 15 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,869
HOA Dues
$0/mo
Year built
1940
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
MB23020769
City
Los Angeles
County
Los Angeles
Time on Site
468 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,017
  • Total Rent: $2,017
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,314
  • Total Rent: $1,314
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $973
  • Total Rent: $973
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,248
  • Net Operating Income: $64,248
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $14,785
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $10,208
  • Furniture Replacement: $0
  • Trash: $0
  • Gardener: $0
  • Insurance: $1,800
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $231

Virtual Tour

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Property Details for 6203 S Harvard Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Balcony
  • Levels: One, Two
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Average Condition, Chain Link, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage, Off Street, See Remarks
Lot Information
  • Lot Features: Corner Lot, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6002029026
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Head North on S. Western hang right on 62nd st. Corner of 62nd and Harvard
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Curbs, Park, Street Lights
View more facts & features

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Sale History for 6203 S Harvard Blvd

Last sold for $900,000 on March 23rd, 2023
  • March, 2023

  • Mar 23, 2023

    Date

    Sold

    CRMLS: MB23020769

    $900,000

    Price

  • Feb 6, 2023

    Date

    Active

    CRMLS: MB23020769

    $880,000

    Price

  • June, 2021

  • Jun 24, 2021

    Date

    Withdrawn

    CRMLS: 21699102

    $900,000

    Price

  • May 19, 2021

    Date

    Active

    CRMLS: 21699102

    $900,000

    Price

  • Mar 30, 2021

    Date

    Active Under Contract

    CRMLS: 21699102

    $900,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: 21699102

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Proudly presenting this well-located South LA 4plex at 6203 S. Harvard Blvd, LA 90047. The property features a front triplex with three 1+1 units & then a rear 4+2 unit over the garages. Solid current income of $5,352/month; $64,224/year with additional rent upside as the existing tenants vacate. At the $900,000 asking price, the property is priced at: $225,000/unit; a 14.01 current GRM; an 11.19 market GRM; a 4.56% current CAP; a 6.12% market CAP, and $257/SF. The total rentable square footage is 3,505sf; the property was built in 1940, and the lot size is 5,869sf. The property is zoned R3, which would allow for 7 units by-right. It's also located in a TOC Tier 1 area & in an Opportunity Zone.

  • May, 2010

  • May 27, 2010

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

  • May, 2010

  • May 27, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 6203 S Harvard Blvd

Assessed Value (2020): $389,486
Year Land Value Improved Value Assessed Value
2020 $212,447 $177,039 $389,486

Home Value Compared to the Market

This property vs the competition

6203 S Harvard Blvd sold on March 23, 2023 for 26.05% 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 $251.07 per/sqft which puts the price per square foot 66.75% lower than the current median sale per square foot for the city of Los Angeles.

About 6203 S Harvard Blvd

Detailed summary of property

6203 S Harvard Blvd is a fourplex that recently sold in Los Angeles, CA 90047. This fourplex offered 7 bedrooms, 5 bathrooms, roughly 3,505 living square feet, and sits on an approximately 5,869 square foot lot. 6203 S Harvard Blvd was first listed on ArdentRealEstateGroup.com on February 7, 2023. The homeowner sold the property for $900,000. 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 26.05% lower than the current median priced home. Local homes that are currently for sale include 5700 S Van Ness Ave, 2317 Hyde Park Blvd and 5166 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 92 days, 6203 S Harvard Blvd has a days on market of 15 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 6203 S Harvard Blvd Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6203 S Harvard Blvd

Public county record property details
Beds
5
Baths
5
Year built
1940
Sq. Ft.
3,505
Lot Size
5,869
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
6002-029-026

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
80
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), 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.