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Status: ACTIVE

1938 S Harcourt Ave 
Los Angeles, CA 90016

1% Drop

$1,448,000

$1,438,000

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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 walkers 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. Dont Miss This Rare Opportunity! Whether youre 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!
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Bedrooms
4
Baths
4
House Size
2,593 sqft
Year Built
1940
Lot Size
0.13 ac

Location

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Interior Information

appliances
Dishwasher
Disposal
Microwave
Gas Oven
cooling
Gas
laundry features
Washer Hookup

Exterior Information

roof
Shingle

Property Information

community
Sidewalks
parking
Garage
sewer
Public Sewer
utilities
Electricity Available
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Available
water source
Public
  • Listed By Nebiyou Mesfin
  • neb@blueoceanfc.com
  • Equity Union
  • (818) 989-2000
  • veronica@equityunion.com
  • MLS SR25068125

Monthly Payments Calculator

Estimated Monthly Cost

$9,075

30 year fixed·6.9% interest rate
Principal & Interest
$7,577
Property Taxes
$1,198
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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