527 N Harvard Boulevard, Los Angeles, California 90004 home-pic-0

527 N Harvard Boulevard, Los Angeles, California 90004 home-pic-1

ACTIVE$699,999$1,833/sqft

527 N Harvard Boulevard, Los Angeles, California 90004

4Beds

2Baths

1,833Sqft

7,508Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7508, living area = 1833.

Top Cons:

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$700.0K vs avg $2.14M ($-1,440,001)7%

Size:1,833 sqft vs avg 2,238 sqft42%

Price/sqft:$382 vs avg $9784%

More Insights

Built in 1912 (114 years old).

Condition: Built in 1912, this property explicitly states it 'will not qualify for traditional financing' and requires 'CASH OFFERS ONLY.' This indicates significant defects affecting safety, soundness, or structural integrity, and that major components require substantial repair or replacement. The exterior images show visible neglect and overgrown landscaping. While the description suggests the possibility of preservation, it would require extensive rehabilitation and a complete overhaul of all systems, kitchen, and bathrooms, which are undoubtedly outdated and likely non-functional.

Year Built

1912

List price

$700K

Original List price

$700K

Price/Sqft

$382

HOA

Days on market

Sold On

MLS number

26636875

Home ConditionPoor

Features

View-

About this home

An Exceptional Opportunity in Style, Location, and Future Growth. This property presents a rare opportunity to either align with the area's rapidly expanding multi-family new construction trend or thoughtfully reimagine and preserve the existing residence with your own custom finishes. **CASH OFFERS ONLY ** The property will not qualify for traditional financing. Buyer to independently verify zoning and development potential. Perfectly positioned between Hancock Park/Larchmont and the evolving Downtown Los Angeles corridor, this location places you at the center of one of the city's most significant growth cycles. Ownership in this pocket of Los Angeles has long been considered a smart investment, but the next several years are expected to be truly transformational.**Surrounded by Multi-Billion-Dollar Growth Drivers**Major economic and infrastructure investments are already underway, fueling long-term appreciation and demand. Large-scale mixed-use developments, expansive transit and mobility upgrades, and major convention and entertainment expansions are collectively elevating the desirability and value of the surrounding neighborhoods. Enhanced access, increased employment opportunities, and global visibility are reshaping the urban core. In addition, the city's early build-up for the 2028 Olympic Games is accelerating improvements to transportation, venues, and public infrastructure further strengthening long-term equity growth in centrally located residential properties like this one.**Why This Matters**When you buy here today, you are not simply purchasing a property, you are buying into one of Los Angeles' strongest future appreciation cycles. Homes located near major transit expansion, billion-dollar developments, and revitalized entertainment and business hubs historically experience heightened demand and superior long-term value.This is an unbeatable location and a compelling, future-forward investment opportunity. Your Home. Your Vision. Your Smartest Investment Yet. Surrounded by massive economic growth and positioned perfectly for long-term appreciation. AGENTS read the Private Remarks

Cesar Melendrez

Listing Agent

Condition Rating

Poor

Built in 1912, this property explicitly states it 'will not qualify for traditional financing' and requires 'CASH OFFERS ONLY.' This indicates significant defects affecting safety, soundness, or structural integrity, and that major components require substantial repair or replacement. The exterior images show visible neglect and overgrown landscaping. While the description suggests the possibility of preservation, it would require extensive rehabilitation and a complete overhaul of all systems, kitchen, and bathrooms, which are undoubtedly outdated and likely non-functional.

Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7508, living area = 1833.

Exceptional Location & Appreciation Potential: Strategically positioned between Hancock Park/Larchmont and the evolving Downtown Los Angeles corridor, this property is poised for significant future appreciation driven by major economic and infrastructure investments, including the 2028 Olympic Games build-up.

Multi-Family Development Opportunity: The property presents a rare opportunity to align with the area's rapidly expanding multi-family new construction trend, offering substantial potential for redevelopment or significant value addition.

Strategic Investment Opportunity: Marketed as a 'future-forward investment' in one of Los Angeles' strongest appreciation cycles, its value is underpinned by surrounding multi-billion-dollar growth drivers and long-term demand.

Proximity to Major Growth Drivers: Surrounded by large-scale mixed-use developments, expansive transit and mobility upgrades, and major convention/entertainment expansions, fueling long-term demand and property value.

Significant Lot Size: A substantial 7508 sqft lot provides ample space, which is a key asset for potential redevelopment or expansion, directly supporting the multi-family opportunity.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Cash Offers Only: The property is restricted to cash offers, as it will not qualify for traditional financing, severely limiting the potential buyer pool.

Extensive Due Diligence Required: Buyers are required to independently verify zoning and development potential, indicating a need for significant upfront investigation and potential uncertainty regarding future use.

Potential for Significant Renovation/Investment: Built in 1912, the property likely requires substantial renovation or investment to 'reimagine and preserve' or apply 'custom finishes,' especially given its inability to secure traditional financing.

527 N Harvard Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 2 bath