1207 S Harvard Boulevard, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
1207 S Harvard Boulevard
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 1207 S Harvard Boulevard, Los Angeles, California 90006 reveals a Prime Investment Opportunity with a current list price of $919,000—significantly undercutting the $976,368 Fair Market Value by 5%. This valuation gap indicates a +$57,368 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 S Harvard Boulevard Subject | $919,000* List Price | 2 | 2 | 1,392 | $701 | - |
A 1025 S Kenmore Avenue Active | $995,000 List Price | 3 | 2 | 1,374 | $724 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1911, this property is functional but significantly outdated, fitting the 'fair' criteria. While the seller has recently updated light fixtures and the hardwood flooring appears to be in decent condition, the kitchen and bathrooms feature older cabinetry, vintage tile work, and dated appliances. The listing's 'as-is' condition and emphasis on remodeling or redevelopment potential indicate that while the home is maintained, it has not undergone a comprehensive renovation in several decades.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is situated on an R3-zoned lot, offering significant upside for investors to redevelop into a multi-unit complex or a small-lot subdivision in a high-demand neighborhood.
- Dual-Unit Versatility
Featuring a primary front residence and a detached rear unit, the property provides excellent flexibility for immediate rental income, multi-generational living, or a dedicated creative studio.
- Prime Koreatown Location
Located in one of LA's most vibrant districts, the home offers exceptional walkability to world-class dining and nightlife, with close proximity to the Wilshire/Western Metro station and Downtown LA.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition and dates back to 1911, indicating that significant capital investment may be required for modernization, repairs, and structural updates.
- Underperforming Local Schools
The assigned public schools for this address currently hold lower performance ratings, which may limit the property's appeal to families prioritizing high-ranking educational districts.
About 1207 S Harvard Boulevard
DON'T MISS THE OPPORTUNITY!! OWNING A HOME WILL SAVE ON YOUR TAX DEDUCTION, EVERY MONTH $4,200 PLUS $10,000 DEDUCTION PER YEAR, in 2026 your tax deduction for owning a home will go up to $40,000.00!! Charming SINGLE FAMILY HOME, Property with R3 Zoning in Prime KoreatownIdeal for Living, Renting, or Developing. Located in the heart of one of LA's most vibrant and rapidly growing neighborhoods, 1207 S Harvard Blvd offers a rare blend of character, flexibility, and long-term upside. This property features a welcoming front home with 2 spacious bedrooms, 1 full bathroom, a bonus room that can serve as a 3rd bedroom, and a separate den or office, perfect for working from home or creating a dedicated guest space. The interior boasts hardwood floors, large windows for natural light, and vintage details with modern potential. At the rear, a detached unit provides additional living space, making it ideal for extended family use or immediate rental income. The lot is zoned R3, offering serious potential for redevelopment into a multi-unit property or small-lot subdivision (buyer to verify with city). The outdoor space includes a private yard, mature landscaping, and a long driveway with ample parking rare for this location. Enjoy unbeatable access to everything Koreatown has to offer, including renowned dining, nightlife, shopping, and the Wilshire/Western Metro station. Also, just minutes from Hancock Park, Larchmont Village, Downtown LA, and USC, making this an incredibly central and desirable location for owners and tenants alike. Whether you're an investor, developer, or end-user looking for flexibility and upside, 1207 S Harvard Blvd delivers location, functionality, and future potential in one of LA's most sought-after communities. WILL BE DELIVERED VACANT!! SELLER SERIOUS ABOUT SELLING, LOOKING FOR A SERIOUS BUYER. NOW IS THE TIME!! ** NOW IT'S PRICE TO SELL!! - NEW LIVING-ROOM LIGHT, NEW FOYER LIGHT, NEW HIGH-END PORCH LIGHT, NEW KITCHEN LIGHT, NEW BATHROOM VANITY CRYSTAL LIGHTS, NEW HALLWAY LIGHT, NEW DEN/OFFICE LIGHT, NEW LIGHTS IN THE BACK HOUSE. Located in the heart of Koreatown, this unique property offers a front house with 2 bedrooms, 1 bathroom, WITH a bonus room (which can be used as a 3rd bedroom), PLUS a den/office, PLUS A Separate back house for additional space or rental income/RECREATION ROOM OR AN ADU. The home is in a prime location, close to shopping, dining, and public transportation. With R3 zoning, this property also offers a great opportunity for development, making it ideal for investors looking to build apartments. The property is being sold "as-is" a great opportunity for buyers looking to customize/REMODEL or develop. The broker does not guarantee the accuracy of the property details, including square footage or lot size. Buyers should verify all information independently.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 5,919 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Los Angeles Elementary School
Grades K-5 • 0.0 mi
Hobart Boulevard Elementary School
Grades K-5 • 0.3 mi
Mariposa-Nabi Primary Center
Grades K-2 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 14% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,392 | 2,044 | 29% |
| Lot Size | 5,919 | 5,919 | 50% |
| Price | $919.0K | $810.0K | 57% |
| Price per sq ft | $660 | $474 | 71% |
| Built year | 1911 | 1905 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 154 | 14% |
Pricing History
Listed for Sale
Feb 19, 2026
$919,000
Initial Listing
Sold
Aug 12, 2013
$440,000
Public Record