441 N Harvard Boulevard,Los Angeles, CA 90004
Los Angeles, CA 90004
Description
A newly constructed investment should do more than generate incomeit 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 buyersbuyers 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.
Details
| MLS # | OC26154419 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 48 |
| Listing Provided By | Four Brothers Real Estate, Inc. | Drew Dunn |
Features
| SQ Feet | 5,509 |
|---|---|
| Garage | 2 |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.13 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Furnished, Multiple Staircases, Open Floorplan, Recessed Lighting, Bedroom On Main Level |
| Window Features | Double Pane Windows, Drapes |
| Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting, Rain Gutters |
|---|---|
| Roof | Asphalt |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Fire Rated Drywall, Fire Sprinkler System, Smoke Detectors, Security Lights |
| Construction Materials | Frame, Glass, Concrete |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre, Corner Lot, Drip Irrigation Bubblers, Rectangular Lot, Sprinkler System |
Parking
| Parking Features | Assigned, Covered, Door Multi, Driveway, Garage, On Site, Private, Garage Faces Rear, Side By Side, Tandem, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Gutters, Storm Drains, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $2,950,000 low | high Med: $1,724,500 sqft: 5,509 low | high Med: 4,050 $ / sqft: $535 low | high Med: $461 On site: 48 low | high Med: 91.5 | |
Market Activity 90004
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $2,950,000 low | high Med: $1,724,500 sqft: 5,509 low | high Med: 4,050 $ / sqft: $535 low | high Med: $461 On site: 48 low | high Med: 91.5 | |
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