Prime Investment Opportunity: This exceptional 4-unit property is a rare gem in one of LA’s most vibrant and fast-growing neighborhoods. With three spacious 2-bedroom, 1-bath units (1,400 sq. ft. each) and one 3-bedroom, 1-bath unit (1,600 sq. ft.), the property offers a total of nearly 5,800 sq. ft. of rentable space (HUGE). One unit will be delivered vacant, making it an ideal opportunity for an owner-occupant investor. Live in one unit while renting out the other three to cover expenses or rent all four units for a strong income-producing asset. Located just minutes from Downtown Los Angeles, USC, Exposition Park, and Jefferson Park, the property provides tenants with easy access to shopping, dining, parks, major freeways, and public transit. Exposition Park is home to the Natural History Museum, California Science Center, and the Los Angeles Memorial Coliseum, which is set to host key events for the 2028 Summer Olympics. With the Olympics bringing international attention, increased development, and heightened rental demand to the area, this property’s value is poised to grow significantly. The property is also conveniently positioned near the 110 and 10 freeways, ensuring easy commutes throughout Los Angeles. Vermont Square and its surrounding neighborhoods, including Jefferson Park and Baldwin Hills, offer a unique blend of historic charm and modern vibrancy, enhancing tenant’s appeal. The combination of prime location, proximity to Jefferson Park and the upcoming Olympics, rental upside, and owner-occupancy potential makes this property a standout investment. This is a rare opportunity to secure a highly sought-after income property with both immediate cash flow and long-term appreciation. Tenants are cooperative, rare opportunities like this one don’t last!
Property Details
Price:
$1,200,000
MLS #:
24474893
Status:
Active
Baths:
0
Address:
3991 S Harvard Boulevard
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Dec 29, 2024
State:
CA
ZIP:
90062
Lot Size:
5,986 sqft / 0.14 acres (approx)
Year Built:
1924
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Schools
Interior
Cooling
None
Fireplace Features
Living Room, Decorative
Flooring
Carpet
Heating
Floor Furnace
Exterior
Foundation Details
Raised
Parking Features
None
Parking Spots
0.00
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address3991 S Harvard Boulevard Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
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3991 S Harvard Boulevard
Los Angeles, CA
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