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$1,155,000
6 bed
3,854 Sqft
5,443 Sqft lot

6318 S Harvard Boulevard, Los Angeles, California 90047

  • Residential Income Property Type
  • 85 Days Time on market
  • $300 Price per sqft
  • 1930 Year Built
Property Description

We are pleased to offer for sale a six-unit apartment community located at 6318-6328 South Harvard Boulevard. The subject property is located south of Slauson Avenue and east of Western Avenue within the South LA submarket. The two buildings are located in the heart of Canterbury Knolls SoLA adjacent to Hyde Park. This location offers easy access to the best of South LA, including the USC/ North University Park, the LA Coliseum, Sofi Stadium, Intuit Dome & more. Being in close proximity to major transit corridors, tenants can conveniently access employment centers, retail & entertainment throughout the city. Situated on a 5,443 square foot parcel, the property is comprised entirely of one-bedroom units. There are two separate buildings, a duplex & a quadplex with separate entrances for each unit. There is a courtyard located between the two buildings, which has potential to be used recreational/tenant common area space. The property has 30% remaining rental upside through unit renovations. There are 4 garage spaces below the duplex. New ownership can add an attached Accessory Dwelling Unit (ADU) in place of two of the garage spaces in order to maximize growth & rental income – buyer to verify. This would leave 2 remaining garage spaces, which new ownership can rent in order to further increase income. New ownership can potentially convert one-bedroom units to two-bedroom units buyer to verify feasibility. 6318-6328 South Harvard Boulevard presents investors with a unique opportunity to acquire an asset in a South Los Angeles location with a residential feel that is a short distance to the most attractive thoroughfare in the submarket, which will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

Basic Details
Residential Income
Buy
24374321
$1,155,000
6
3,854 Sqft
1930
5,443 Sqft
Active
Condos/Co-ops
Features
4
$0
Address
CA
Los Angeles
Los Angeles
90047
6318 S Harvard Boulevard
6318
Boulevard
0
W119° 41' 36.2''
N33° 58' 54.1''
S
Additional Information
85
2
2
6
: Two, Multi/split
3,854 Sqft
0 Sqft
0 Sqft
: Assessor
0.13 Sqft
5,443 Sqft
1
0 Sqft
LAR1
6002031030
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
29/03/2024 12:51:35
$1,200,000
: Standard
South of Gage Avenue & East of Western Avenue
Destrahan
Harry Hurst
Marcus & Millichap
Sean Rosenzweig
CLW-X7515101
CLW-C107850
$0
6.08
1
40x136
1
0
0
1
2
6
108020
US-06037-N-6002031030-R-N
29/03/2024 20:01:12
Harvard
C34 - Los Angeles Southwest
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