1059 S Harvard Boulevard

Property Overview

We are pleased to offer 1059 S. Harvard Boulevard, a fully occupied eight-unit multifamily investment property located in Los Angeles, California 90006. The property offers an attractive and diversified unit mix consisting of five one-bedroom, one-bathroom units, one one-bedroom with den, one-bathroom unit, and two two-bedroom with den, one-bathroom units. The improvements total approximately 5,026 rentable square feet and are situated on an approximately 5,921-square-foot lot. The property also provides on-site parking for some residents. Offered at $1,550,000, the property represents a stable, income-producing investment opportunity with an attractive 9.43 gross rent multiplier and a 6.96% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include a new steel stair case and four of the eight units recently being renovated prior to tenant move-in. With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 1059 S. Harvard Boulevard offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

Home Details

Property type: Residential Income
Year built: 1955
Living area: 5,026 sq ft
Lot size: 5,921 sq ft
Parking: 4 spaces
Stories: 2
Days on market: 8
MLS status: Active
Zoning: LAR4

Features & Amenities

Parking

Driveway

Community, Schools & Utilities

Utilities

Cooling: None

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Location & Neighborhood

Los Angeles, CA 90006

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Frequently Asked Questions About 1059 S Harvard Boulevard

Property type: Residential Income

The current asking price is $1,550,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1059 S Harvard Boulevard. Our team will confirm availability and timing.

This 10 bedrooms and 8 bathrooms property offers approximately 5,026 square feet of living space. It was built in 1955. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

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