741 N Harvard Blvd, Los Angeles, CA 90029
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741 N Harvard Blvd Los Angeles, CA 90029

$1,395,000
  • 6 Beds
  • 4 Baths
  • 1,928 Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified

Map preview of 741 N Harvard Blvd, Los Angeles, CA 90029

Property Overview: 741 N Harvard Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 1,928 living square feet and 7,280 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PRIME DEVELOPMENT OPPORTUNITY! Developers and end-users, unlock the potential of this well-maintained duplex in East Hollywood - Melrose Hill. Explore options, Buyer to verify: Develop units or 9 townhomes or live in one unit, and rent out the other. Nestled in the historical Melrose Hill, it's a hot spot for new construction. Proximity to Melrose Blvd, Paramount Studios, and more ensures high demand. Join the wave of growth in LA's dynamic heart your canvas awaits! Units will be delivered vacant. The Main house has laundry. Back unit No laundry. Ample Parking. The main house has a small garage-type storage in front of the home near the yard.

Listed by Melissa Zee | BRE #01451028 | Keller Williams Beverly Hills
Co-listed by Jacob Patterson | BRE #02193277 | Keller Williams Beverly Hills
Last checked: 6 minutes ago | Last updated: January 26th, 2024 | Source CRMLS | DOM: 100
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Home details

Lot Sq. Ft
7,280
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Multi Family
Status
Active
MLS#
23340555
City
Los Angeles
County
Los Angeles
Time on Site
133 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
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: --

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Property Details for 741 N Harvard Blvd

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • See Remarks, Inside, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator, Gas Oven
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Flat Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Lawn, Back Yard, Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5535031010
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic, Fixer, Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of the 101, between Melrose and Lemon Grove
View more facts & features

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Sale History for 741 N Harvard Blvd

Last sold for $230,000 on June 2nd, 1999
  • January, 2024

  • Jan 4, 2024

    Date

    Active

    CRMLS: 23340555

    $1,495,000

    Price

  • September, 2022

  • Sep 3, 2022

    Date

    Expired

    CRMLS: 22163721

    $1,540,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: 22163721

    $1,540,000

    Price

  • Listing provided courtesy of CRMLS

    Development opportunity in East Hollywood/Melrose Hill. 7,278 square foot RD1.5-1XL lot. Surrounded by new constructions and located in a strong rental market. Currently a Duplex with two detached buildings. Front unit is 1,252 sf 2BD+1BA. Back unit is 676 sf 2BD+1BA. Good standing tenants in back unit currently at $2,200 per month. Front unit will be delivered vacant. Drive by only, Please do not disturb occupants.

  • August, 2022

  • Aug 29, 2022

    Date

    Expired

    CRMLS: 22151705

    $1,540,000

    Price

  • May 4, 2022

    Date

    Active

    CRMLS: 22151705

    $1,540,000

    Price

  • Listing provided courtesy of CRMLS

    Development opportunity in East Hollywood/Melrose Hill. 7,278 square foot RD1.5-1XL lot. Surrounded by new constructions and located in a strong rental market. Currently a Duplex with two detached buildings. Front unit is 1,252 sf 2BD+1BA. Back unit is 676 sf 2BD+1BA. Good standing tenants in back unit currently at $2,200 per month. Front unit will be delivered vacant. Drive by only, Please do not disturb occupants.

  • August, 2018

  • Aug 24, 2018

    Date

    Expired

    CRMLS: 18347160

    $1,450,000

    Price

  • May 24, 2018

    Date

    Active

    CRMLS: 18347160

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained duplex in the heart of E Hollywood - Melrose Hill. Here is an opportunity for an owner user or developer to own this magnificent property surrounded by up and coming new construction. It is located in the historical Melrose Hill area which has seen high construction and sales activity in recent years. Live in the main house and collect income from the back unit or build a fourplex. The new owner can take advantage of the housing demand in this neighborhood due to its proximity to trendy Melrose Boulevard, Paramount Studios, Silver Lake Shops, Hollywood and more. This project presents an opportunity for developers to build in the heart of a burgeoning area of Los Angeles.

  • June, 1999

  • Jun 2, 1999

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

  • March, 1996

  • Mar 26, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 741 N Harvard Blvd

Assessed Value (2020): $329,684
Year Land Value Improved Value Assessed Value
2020 $286,688 $42,996 $329,684

Home Value Compared to the Market

This property vs the competition

741 N Harvard Blvd is listed 13.88% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $723.55 per/sqft which puts the price per square foot 6.52% lower than the median price per square foot for the city of Los Angeles.

About 741 N Harvard Blvd

Detailed summary of property

741 N Harvard Blvd is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 1,928 living square feet, and sits on an approximately 7,280 square foot lot. 741 N Harvard Blvd was first listed on ArdentRealEstateGroup.com on December 20, 2023. The homeowner is currently asking $1,395,000 and was originally asking $1,495,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.88% higher than the median priced home. Local competing homes currently for sale include 519 N Alexandria Ave, 4307 Clinton St and 4938 Maplewood Ave. While the average home in Los Angeles, CA is selling in 96 days, 741 N Harvard Blvd has a days on market of 100 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 741 N Harvard Blvd Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 741 N Harvard Blvd

Public county record property details
Beds
4
Baths
2
Year built
1921
Sq. Ft.
1,928
Lot Size
7,277
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5535-031-010

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
33
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 741 N Harvard Blvd

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.