1059 S Harvard Blvd, Los Angeles, CA 90006
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1059 S Harvard Blvd, Los Angeles, CA 90006
1059 S Harvard Blvd, Los Angeles, CA 90006
1059 S Harvard Blvd, Los Angeles, CA 90006
1059 S Harvard Blvd, Los Angeles, CA 90006
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 1,550,000
Est. payment /mo
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1059 S Harvard Blvd Los Angeles, CA 90006

10 Beds

8 Baths

5,026 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,026 sqft

Price per Sqft $308

MLS Listing ID 26989645

Bedrooms 10

Year Built 1955

Lot Size 5,921 Sqft

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment None

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by BRC Advisors- BH
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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1059 S Harvard Blvd