1059 S Harvard Boulevard, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1059 S Harvard Boulevard,Los Angeles, CA 90006
$1,550,000
- 10 Beds
- 8 Baths
- 5,026 sq. ft.
- Multi-family
- Active
Listed by: griffin white
Office: brc advisors- bh
MLS#:26989645
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$308.4
About this home
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....
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Home facts
- Year built:1955
- Listing ID #:26989645
- Added:7 day(s) ago
- Updated:September 24, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Living area:5,026 sq. ft.
Structure and exterior
- Year built:1955
- Building area:5,026 sq. ft.
- Lot area:0.14 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$308.4
Parking
- Total parking spaces:4
- Parking description:Driveway
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