3754 S Harvard Boulevard, Los Angeles, CA 90018
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
3754 S Harvard Boulevard,Los Angeles, CA 90018
$3,800,000
- 36 Beds
- 36 Baths
- 9,560 sq. ft.
- Multi-family
- Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26843729
Source:CRMLS
Price summary
- Price:$3,800,000
- Price per sq. ft.:$397.49
About this home
We are pleased to present 3754 S Harvard Blvd, a newly constructed 2025 multifamily investment opportunity in the highly desirable Exposition Park neighborhood of Los Angeles. Offered at $397 per square foot, a significant discount to comparable new construction trading closer to $500 per square foot throughout Los Angeles, the property represents a rare opportunity to acquire a modern, stabilized asset well below replacement cost. The property is further supported by an in-place master lease generating a 6.17% cap rate from day one, providing investors with immediate, contractual, and low-management cash flow. The property consists of approximately 9,560 square feet across three fully furnished co-living units totaling 36 beds and 36 private bathrooms. Premium finishes throughout include quartz countertops, stainless steel appliances, tiled showers with glass enclosures, updated flooring, and in-unit washers and dryers, minimizing near-term capital requirements and maximizing tenant appeal. The master lease includes 5% annual rental escalations with the tenant responsible for utilities, vacancy, maintenance, and day-to-day operations, significantly reducing landlord exposure and delivering a passive, predictable ownership experience. Upon lease maturity, investors are well-positioned to capture meaningful upside through direct leasing at market rents. Rising construction costs, extended entitlement timelines, and increasing barriers to development make it nearly impossible for new competitors to deliver a comparable asset at a lower basis, creating a structural competitive advantage that protects long-term value and limits future supply pressure. Located near the Expo/Western Metro Station with direct access to Downtown Los Angeles, Mid-City, Culver City, and the Westside, the property benefits from proximity to USC's 46,000+ students and sits at the center of Exposition Park's anticipated transformation as a host neighborhood for the 2028 Los Angeles Summer Olympics. As a newly constructed asset, the property may offer meaningful tax benefits through accelerated depreciation and cost segregation strategies. Prospective buyers are encouraged to consult their tax advisors regarding these opportunities. Combining a below-replacement-cost basis of $397 per square foot, a contractual 6.17% cap rate, structured annual rent growth, modern construction, and limited management obligations, 3754 S Harvard Blvd is a rare stabilized income opportunity in one of Los Angeles' most dynamic submarkets....
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Home facts
- Year built:2025
- Listing ID #:26843729
- Added:5 day(s) ago
- Updated:June 14, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:36
- Total bathrooms:36
- Flooring:Wood
- Kitchen Description:Dishwasher, Gas Cooktop, Microwave, Refrigerator
- Living area:9,560 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2025
- Building area:9,560 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$397.49
Features and amenities
- Appliances:Dishwasher, Washer
- Laundry features:Washer
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:5
- Parking description:Driveway
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