$1,550,000

1059 S Harvard Boulevard, Los Angeles, CA 90006

  • 10 beds |
  • 8 baths |
  • 5,026 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon5,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $308/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Date Added:
September 17, 2026
Data Last Updated:
September 22, 2026 at 11:16PM
Listing Office:
BRC Advisors- BH :
Listing Agent:
Griffin White : 310-424-5080
MLS ID:
26989645
  • A/C: None
  • Parking: DrivewayParking spaces: 4
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR45080022028
  • Source: CRMLS_CL

This listing courtesy of Griffin White , BRC Advisors- BH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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