We are proud to present this FULLY STABILIZED CASH FLOWING new construction townhome complex at 1125 S Harvard Blvd, completed at the start of 2024 in the heart of vibrant Mid-City. The property is fully occupied under one master lease at the rate of $21,400/mo over a 2-year lease term with an option to extend the lease at a 3% increase each year. The tenant is a county-funded organization that provides "transitional housing, wrap around programs and supportive services that enable participants to free themselves by circumventing the barriers that typically prevent justice impacted and homeless individuals from securing self-sufficiency." The property comprises four 3-story townhome style units and one 2-story attached Accessory Dwelling Unit (ADU), offering a blend of luxury and contemporary living. The complex spans a generous 7,882 square feet with 6,828 square feet of living space featuring 18 bedrooms and 18 bathrooms across its five units, which include four 4-bedroom and one 2-bedroom layouts. Each unit is a showcase of luxury, outfitted with high-quality finishes, ensuite bathrooms, and large picture windows that bathe the interiors in natural light. The attention to detail is evident in every aspect, from the built-in closet shelving to the private balconies, ensuring that these homes are not only aesthetically pleasing but also highly functional and desirable. Situated in the bustling and ever-growing Mid-City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high-quality lifestyle but also about promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.
This property is $2.4M more than the Median Sold Price and $198/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24452105
Listing Office:
Office Name: Keller Williams Hollywood Hills
Office Phone: (310) 623-1300
Listing Agent: Yohann Bensimon
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$851
$50,792
2020
$831
$50,272
2019
$691
$49,288
2018
$679
$48,323
2017
$679
$47,376
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Los Angeles Elementary
1211 S Hobart Blvd
Distance between this listing and this school0.12 miles
Public District Grades KG-5
4
/10
Hobart Boulevard Elementary School
980 S Hobart Blvd
Distance between this listing and this school0.23 miles
Public District Grades KG-5
3
/10
RFK Community Schools - Ambassador School of Global Education
3201 W 8th St
Distance between this listing and this school0.70 miles
Public District Grades KG-5
Nearby Schools
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.60 miles
Public District Grades 6-8
2
/10
Monsenor Oscar Romero Charter Middle School
2670 W 11th St
Distance between this listing and this school0.60 miles
Public Charter Grades 6-8
4
/10
Pico Pico Middle School
1512 Arlington Ave
Distance between this listing and this school0.79 miles
Public District Grades 6-8
Nearby Schools
4
/10
RFK Community Schools - New Open World Academy
3201 W 8th St
Distance between this listing and this school0.70 miles
Public District Grades KG-12
5
/10
RFK Community Schools - UCLA Community School
700 S Mariposa Ave
Distance between this listing and this school0.77 miles
Public District Grades KG-12
4
/10
RFK Community Schools - Ambassador School of Global Leadership
701 S Catalina St
Distance between this listing and this school0.80 miles
The neighbors living near this home have an average income of $25,442. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1125 S Harvard Blvd
What is the listing price of this property?
The listing price of 1125 S Harvard Blvd property is $3,494,000.
What type of property is this?
The property 1125 S Harvard Blvd is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 1125 S Harvard Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $851 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1125 S Harvard Blvd has 18 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 1125 S Harvard Blvd is 7,882 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1125 S Harvard Blvd is 2024.
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This home is located at 1125 S Harvard Blvd in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 7,882 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $3,494,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.