1938 S Harcourt AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,593 sqft
Price per Sqft $558
MLS Listing ID SR25068125
Bedrooms 4
Full Baths 4
Year Built 1940
Lot Size 5,802 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional opportunity to own a 4-unit multifamily property in the highly sought-after West Adams neighborhood of Los Angeles. This property offers a perfect blend of investment potential and owner-user flexibility, with three units available for value addition and to be leased at market rates, while the fourth unit is tenant-occupied, providing immediate rental income.
Unit Mix: (1) Two-Bedroom, One-Bathroom/ (2) One-Bedroom, One-Bathroom/(1) Studio Unit.
Fully Remodeled Unit: One of the 1-bedroom, 1-bath units has been beautifully renovated, featuring: Recessed lighting throughout/Wall-mounted AC/heater for year-round comfort/ Modern bathroom with sleek finishes/Custom-built closet organization system/New interior doors for a fresh, contemporary look. Dual Entry/Exit: Each unit boasts two separate entrances/exits, offering added convenience and privacy.
Recent upgrades: Brand-New Roof, Ensuring long-term durability and reduced maintenance costs. New Stucco Exterior: Enhancing curb appeal and providing a fresh, modern aesthetic.4-Car Detached Garage: Located at the rear of the property, providing ample parking or potential ADU conversion opportunities (buyer to verify). Spacious Front Yard: Ideal for tenant enjoyment or future landscaping enhancements.
Location: Walk Score of 85 – A walker's paradise! It is conveniently located near trendy cafes, popular restaurants, and new retail hotspots. West Adams is a rapidly growing neighborhood, known for its charming architecture, cultural vibrancy, and increasing property values. Easy access to public transportation, the Metro line, and major freeways makes commuting a breeze.
Potential: 3 units allow you to set market rents immediately, maximizing your income potential. The detached garage offers value-add potential for ADU conversion or additional storage income. Ideal for owner-occupiers, investors, or developers looking to capitalize on the booming West Adams market.
Don't Miss This Rare Opportunity!
Whether you're an investor seeking immediate cash flow potential or an owner-occupier looking for a prime multifamily property in a thriving neighborhood, this 4-plex offers exceptional value and future upside.
Contact us today to schedule a private tour and explore the potential of this outstanding West Adams investment property!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Cooling Gas
Flooring Wood
Fireplaces Type None
Laundry Washer Hookup,Gas Dryer Hookup,Inside
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking,Park,Street Lights,Sidewalks,Urban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Available
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Quadruplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Owner Pay Points
Listing Terms Cash,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Owner Pay Points
Special Listing Condition Standard