7015 S Harvard, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This Value-Add Duplex Investment is listed at $699,900, with a $570,902 Fair Market Value reflecting its current state. The property carries a Condition Rating of 5, signaling a need for significant rehabilitation, yet it offers immense upside through Detached Garages with ADU Potential to maximize rental income. Featuring a City Lights View and proximity to the 9/10 rated Middle College High School, the asset is positioned for long-term appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack and build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7015 S Harvard Subject | $699,900* List Price | 3 | 2 | 1,826 | $313 | - |
A 1621 W 82nd Street Sold | $629,000 | 0 | 0 | 1,714 | $367 | 0.8 mi |
B 1743 W 60th Place Pending | $699,000 List Price | 0 | 0 | 1,504 | $465 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927, this property is nearly a century old with no indication of recent major renovations. The exterior shows signs of age, including a cracked driveway. While the description highlights its 'value-add' potential and 'below market value' rents, this strongly suggests that substantial repairs and rehabilitation are needed, particularly for major systems (electrical, plumbing, HVAC, roof) which are likely original or very outdated. Without interior photos, it's impossible to assess the kitchen and bathrooms directly, but given the property's age, they are almost certainly in need of complete modernization and significant upgrades.
High School: Middle College High School (9/10).
The duplex offers a perfect blend of investment potential and owner-occupant opportunity, appealing to a wide range of buyers.
Each unit features a detached garage, ideal for repurposing into Accessory Dwelling Units (ADUs) to substantially increase future income.
Built in 1927, the property is older and may require ongoing maintenance, updates, or renovations typical of historic constructions.
While offering upside, the current below-market rents necessitate active management and effort to achieve the property's full income potential.
Several nearby public schools have lower ratings (1-2), which could be a consideration for families prioritizing top-tier educational institutions.
Welcome to 7015 Harvard Blvd — a versatile duplex offering the perfect blend of investment potential and owner-occupant opportunity. The front unit features 2 bedrooms and 1 bath, while the rear unit offers 1 bedroom and 1 bath — each with its own detached garage, ideal for repurposing into ADUs to significantly increase future income. Current rents are below market value, creating immediate upside for the next owner. The seller intends to deliver one — and possibly both — units vacant, making this an outstanding opportunity for a buyer to live in one unit and rent the other, or reposition the property for maximum cash flow. Whether you’re an experienced investor or a first-time buyer with an investor’s mindset, this property checks all the boxes. The seller is motivated and ready to consider all serious offers, cash or otherwise. Don’t miss the chance to unlock the full potential of this value-add duplex in a desirable neighborhood.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 82% |
| Baths | 2.0 | 0.0 | 82% |
| Square foot | 1,826 | 1,922 | 41% |
| Lot Size | 5,499 | 6,002 | 35% |
| Price | $699.9K | $840.0K | 24% |
| Price per sq ft | $383 | $407 | 35% |
| Built year | 1927 | 1943 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 110 | 236 | 12% |
Jan 2, 2026
$699,900
Initial Listing
Jul 15, 2022
$620,000
Public Record