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For sale
  • Listing Provided by: 

    Nebiyou Mesfin DRE #02226044 310-621-3835,

    Equity Union

    $1,448,000

    1938 S Harcourt Ave, Los Angeles, CA 90016

    4beds
    2,593sqft
    : 
    Quadruplex
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $558/sqft
    $-- HOA

    What's special

    Modern bathroomNew interior doorsSpacious front yardFully remodeled unitBrand-new roofNew stucco exteriorRecessed lighting
    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!
    65 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: May 16, 2025 at 10:21am

    Listing Provided by:

    Nebiyou Mesfin DRE #02226044 310-621-3835,

    Equity Union

    Source: CRMLS,MLS#: SR25068125MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1938 S Harcourt Ave.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Kitchen, Living Room, Dining Room
    Cooling
    • Gas
    Appliances
    • Included: Built-In Range, Dishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Separate/Formal Dining Room, Open Floorplan, Storage
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 2,593 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Harcourt and Wasington
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,804 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5061016036
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available

    Community & HOA

    Community
    • Features: Biking, Park, Street Lights, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $558/sqft
    • Tax assessed value: $1,300,500
    • Annual tax amount: $16,056
    • Date on market: 4/2/2025
    • Listing terms: Cash,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Owner Pay Points
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