
Los Angeles, California 90004
This 2025-built High-Potential Investment Opportunity is listed at $2,950,000, reflecting a premium valuation compared to the $2,769,858 Fair Market Value. As a Green Certified Quadruplex in Mint Condition, the asset features individual utility metering, paid-off solar, and 11 on-site parking spaces, ensuring minimal operating expenses. Exempt from local rent control, this turnkey property offers immediate income flexibility through short-term or long-term leasing. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a low-maintenance, high-yield multifamily asset in a resilient market.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features modern designer finishes including quartz countertops, soft-close cabinetry, and designer tile bathrooms. Systems are top-tier with separate HVAC, paid-off solar, and individual metering, all covered by a builder warranty.
This 2025 Green Certified build features individual metering for all utilities—including water—and paid-off solar, virtually eliminating landlord-paid operating expenses and maximizing the Net Operating Income.
The property provides 11 on-site parking spaces for only four units, an extraordinary amenity ratio for the Mid-Wilshire/Koreatown area that significantly enhances tenant desirability and rental premium.
Exempt from local rent control (RSO) due to its 2025 completion, the asset offers diverse exit strategies including transferable short-term rental permits, fully furnished delivery, or traditional long-term leasing.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5509, other record living area = 1380.
At a list price of $2.95M, the cost per door is substantially higher than older multifamily assets in the area, which may result in a tighter cap rate for investors compared to value-add opportunities.
With a 5,509 sqft building situated on a 5,601 sqft lot, the property has a very high footprint-to-land ratio, leaving almost no common outdoor green space or yard area for tenants.
A newly constructed investment should do more than generate income—it should give you options. Welcome to 441 N Harvard Blvd, a turnkey fourplex in the heart of Mid-Wilshire designed for investors who value flexibility, efficiency, and long-term wealth creation. Currently operating as a successful short-term rental with income exceeding the projected pro forma, the property can be delivered fully furnished with transferable short-term rental permits, fully leased through an ongoing lease-up, or vacant, allowing the next owner to execute the strategy that best fits their investment goals. Completed in 2025 and exempt from local rent control, this Green Certified property was built to minimize ownership costs while maximizing cash flow. Every unit is individually metered for electricity, gas, and water, leaving virtually no landlord-paid utilities. Paid-off solar, separate HVAC systems and energy-efficient construction further reduce operating expenses, while a 1-year builder warranty provides additional peace of mind. Each residence has been thoughtfully finished with quartz countertops, soft-close cabinetry, luxury vinyl plank flooring, designer tile bathrooms, brand new appliances, private balconies, in-unit laundry, spacious open-concept living areas, and en-suite bathrooms, creating a product that stands well above the typical rental inventory. With 11 on-site parking spaces, including two garages, the property offers an amenity package rarely found in newly built multifamily assets. Projected gross annual income of approximately $230,220 and a projected NOI of approximately $176,877 combine with low operating expenses to create a true turnkey investment. As new construction, the property may also present attractive depreciation opportunities for qualified buyers—buyers should consult their tax advisor regarding available tax benefits. Ideally situated near Larchmont Village, Hancock Park, Koreatown, Hollywood, Paramount Studios, Netflix, Metro transit, and major employment centers, these units offer access to one of Los Angeles' deepest and most resilient tenant pools. Whether you're completing a 1031 exchange, purchasing your first multifamily asset, or expanding an institutional-quality portfolio, opportunities like this are exceptionally rare: a brand-new, low-maintenance, separately metered, fully furnished investment that can be operated as a premium long-term rental or continue generating income through short-term accommodations from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,509 | 2,250 |
| Lot Size | 5,601 | 5,864 |
| Price | $2.95M | $826.7K |
| Price per sq ft | $535 | $395 |
| Built year | 2025 | 1925 |
| HOA | $0 | $0 |
| Days on market | 7 | 83 |
Jul 15, 2026
$2,950,000
Initial Listing
Nov 20, 2023
$1,050,000
Public Record