Price Reduction
Address
1707 S Harvard Boulevard Los Angeles, CA
Price
$ 938,000
Property Attributes
  • MLS#20613500
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90006
  • Style
  • Price$ 938,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Ronald Escobar with eXp Realty of California Inc.
Property Description

First time in the market since 1996. Value add opportunity. Low actual rents incredible room for revenue increases as the asset is stabilized. Priced aggressively for a fast escrow. Do not disturb tenants. They are unaware of sale. Individually metered for gas and electric. Front building has a 2 bedroom 1 bath unit, a 1 bedroom 1 bath unit and a single unit. Second building has two 1 bedroom 1 bath units and third building is a single unit. Total current monthly rent is $4,600 per month. If it were are market rents it would be $8,400. Big room for improvement. This building is in a Historic Preservation Zone but it is NOT listed as a Historic Building. Drive by and submit offer with proof of funds. One unit is non-conforming. Tax records show 5 units. It has been 6 units since owner bought it in 1996. Buyer to conduct their own due diligence. Tax records show firve units.

Price History
8/4/2020 Listed $1,050,000
9/15/2020 8% - $968,000
9/21/2020 4% - $938,000

General Features

Cooling None
Directions On Harvard between Washington and Venice
Listagentaor Beverly Hills/Greater LA
Listing Agent Ronald Escobar - BRE#01460645
Listing Agent State License 01460645
MLS Area C16 - Mid Los Angeles
Parking Features Driveway
Source System CRMLS
Special Listing Conditions Standard
Total Units 6
Zoning LAR2

Interior Features

Total Stories 2

Exterior Features

Lot Size Acres 0.1300
Lot Size Area 5832.0000
Lot Size Square Feet 5832.00
Lot Size Units Square Feet
Number of Buildings 3
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $1.65M
$940K
Visits
AVG 19
58
Year Built
AVG 1926
1921
Walkscore
AVG 91
86
Data Provided by Walkscore ® not using MLS data

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