Search
7112 S Harvard Blvd, Los Angeles, CA 90047
Image 2 for 7112 S Harvard Blvd, Los Angeles, CA 90047
View Photos

7112 S Harvard Blvd Los Angeles, CA 90047

$1,050,000 Sold Price as of 02/25/2022
  • 10 Beds
  • 7 Baths
  • 6,030 Sq.Ft.
Sold
$1,050,000 Sold Price as of 02/25/2022 Refinance Your Mortgage
Map preview of 7112 S Harvard Blvd, Los Angeles, CA 90047

Property Overview: 7112 S Harvard Blvd Los Angeles, CA has 10 bedrooms, 7 bathrooms, 6,030 living square feet and 6,084 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The building totals 6,030 rentable square feet situated on an approximately 6,084 square foot lot. built in 1963, this multifamily quadraplex+1 office has a desirable unit mix of: (2) 2BR/1BA units, (2) 3BR/2BA units and (1) office. Office space is currently vacant. This apartment building is conveniently located in South Central Los Angeles, approximately 4 miles to newly constructed SoFi Stadium and approx. 5 miles to the University of Southern California.

Listed by Katie Chai | BRE #01457862 | ReMax 2000 Realty
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,084
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR21261205
City
Los Angeles
County
Los Angeles
Time on Site
895 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $891
  • Total Rent: $891
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,514
  • Total Rent: $1,514
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.82%
  • Gross Rent Multiplier: 12.89
  • Gross Scheduled Income: $75,660
  • Net Operating Income: $27,525
  • Gross Operating Income: $73,390
  • Vacancy Allowance: $2,270
Annual Expense Breakdown
  • Total Operating Expense: $45,865
  • Electric: $0
  • Gas/Fuel: $1,735
  • Licenses: $271
  • New Taxes: $12,955
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,098
  • Professional Management: $2,480
  • Water/Sewer: $4,351
  • Other Expenses: $20,775
  • Other Expense Description: repairs

Property Details for 7112 S Harvard Blvd

Interior Features
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
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: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 6015035032
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Across Street: Florence Ave.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 7112 S Harvard Blvd

Last sold for $1,050,000 on February 25th, 2022

  • February, 2022

  • Feb 28, 2022

    Date

    Sold

    CRMLS: TR21261205

    $1,050,000

    Price

  • Dec 24, 2021

    Date

    Pending

    CRMLS: TR21261205

    $975,000

    Price

  • June, 2021

  • Jun 3, 2021

    Date

    Expired

    CRMLS: 21705718

    $1,250,000

    Price

  • Jun 2, 2021

    Date

    Withdrawn

    CRMLS: 21705718

    $1,250,000

    Price

  • Mar 16, 2021

    Date

    Active

    CRMLS: 21705718

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Presented for sale is 7112 S. Harvard Blvd., a 4+1 Unit multi-family apartment building nearby the intersection of W. Florence Ave. and S. Western Ave. located in an opportunity zone residential neighborhood of S. Los Angeles (the +1unit is non-conforming). The property consists of one gated and secured two story building with surface parking on the side of the building. The entire roof was replaced in 2019 and the entire buildings electrical and plumbing were approved by the city during the 2019 construction. The building totals 6,032 rentable square feet situated on an approximately6,084 square foot rectangular lot. Originally built in 1963, this well upkept multifamily quadraplex+1 (unpermitted unit) has a desirable unit mix of: (2) 2BR/1BA units and (1, non-conforming) 2+1BR/2BA unit, and (2)3BR/2BA units, with 100% occupancy. Three out of the four units currently have below market rental rates, and with updated market rents*, the property has the potential to achieve a5.95% CAP rate in a developing neighborhood location. This apartment building is conveniently located in between Downtown Los Angeles, and the South Bay, within 3 miles to newly constructed SoFi Stadium and approx. 4 miles to the University of Southern California.* = Buyer should complete their own due diligence/research on compliance for rent.

  • June, 2017

  • Jun 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $739,000

    Price

  • October, 2016

  • Oct 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $645,000

    Price

Show More

Tax History for 7112 S Harvard Blvd

Assessed Value (2020): $784,231
Year Land Value Improved Value Assessed Value
2020 $477,543 $306,688 $784,231

Home Value Compared to the Market

This property vs the competition

7112 S Harvard Blvd sold on February 25, 2022 for 18.07% 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 $161.69 per/sqft which puts the price per square foot 78.58% lower than the current median sale per square foot for the city of Los Angeles.

About 7112 S Harvard Blvd

Detailed summary of property

7112 S Harvard Blvd is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 6,030 living square feet, and sits on an approximately 6,084 square foot lot. 7112 S Harvard Blvd was first listed on ArdentRealEstateGroup.com on December 8, 2021. The homeowner sold the property for $1,050,000. 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 18.07% lower than the current median priced home. Local homes that are currently for sale include 5700 S Gramercy Pl, 5700 S Van Ness Ave and 1632 W 52nd St. While the average home in Los Angeles, CA is selling in 93 days, 7112 S Harvard Blvd has a days on market of 15 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 7112 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 7112 S Harvard Blvd

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
6,032
Lot Size
6,084
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,17
APN
6015-035-032

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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 7112 S Harvard Blvd

Nearby Homes for Sale

1701 W Florence Ave, Los Angeles, CA 90047
$1,150,000
15 Beds
15 Baths
3314 Sq.Ft.
1701 W Florence Ave
Los Angeles, CA 90047
1728 W 64th St, Los Angeles, CA 90047
$879,000
6 Beds
3 Baths
2840 Sq.Ft.
1728 W 64th St
Los Angeles, CA 90047
6318 S Harvard Blvd, Los Angeles, CA 90047
$1,200,000
6 Beds
6 Baths
3854 Sq.Ft.
6318 S Harvard Blvd
Los Angeles, CA 90047
1423 W 65th St, Los Angeles, CA 90047
$899,900
3 Beds
3 Baths
1541 Sq.Ft.
1423 W 65th St
Los Angeles, CA 90047
1652 W 81st St, Los Angeles, CA 90047
$1,075,000
5 Beds
3 Baths
3243 Sq.Ft.
1652 W 81st St
Los Angeles, CA 90047
6820 S Van Ness Ave, Los Angeles, CA 90047
$875,000
5 Beds
3 Baths
5009 Sq.Ft.
6820 S Van Ness Ave
Los Angeles, CA 90047
1601 W 59th Pl, Los Angeles, CA 90047
$925,000
4 Beds
4 Baths
2472 Sq.Ft.
1601 W 59th Pl
Los Angeles, CA 90047
1601 W 59th Pl, Los Angeles, CA 90047
$925,000
4 Beds
4 Baths
2472 Sq.Ft.
1601 W 59th Pl
Los Angeles, CA 90047
1449-1447 W 83rd St, Los Angeles, CA 90047
$1,099,000
4 Beds
4 Baths
2936 Sq.Ft.
1449-1447 W 83rd St
Los Angeles, CA 90047
1346 W 83rd Pl, Los Angeles, CA 90044
$1,099,000
9 Beds
5 Baths
2324 Sq.Ft.
1346 W 83rd Pl
Los Angeles, CA 90044
1520 W 84th Pl, Los Angeles, CA 90047
$950,000
4 Beds
2 Baths
2427 Sq.Ft.
1520 W 84th Pl
Los Angeles, CA 90047
943 W 65th St, Los Angeles, CA 90044
$910,000
7 Beds
4 Baths
3 Sq.Ft.
943 W 65th St
Los Angeles, CA 90044

Recently Sold Homes Near 7112 S Harvard Blvd

7015 S Harvard Blvd, Los Angeles, CA 90047
$620,000 Last Sold Price
3 Beds
2 Baths
1826 Sq.Ft.
7015 S Harvard Blvd
Los Angeles, CA 90047
6915 S Harvard Blvd, Los Angeles, CA 90047
$860,000 Last Sold Price
4 Beds
3 Baths
2202 Sq.Ft.
6915 S Harvard Blvd
Los Angeles, CA 90047
1707-1709 W 70th St, Los Angeles, CA 90047
$650,000 Last Sold Price
4 Beds
2 Baths
1674 Sq.Ft.
1707-1709 W 70th St
Los Angeles, CA 90047
1600 W 71St St, Los Angeles, CA 90047
$600,000 Last Sold Price
7 Beds
4 Baths
-- Sq.Ft.
1600 W 71St St
Los Angeles, CA 90047

Related Resources to 7112 S Harvard Blvd

New Listings in 90047
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote