1938 S Harcourt Avenue, Los Angeles, CA 90016

• 4 beds |
• 4 baths |
• 2,593 sqft

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!

Listing Status:

Active

Date Added:

April 2, 2025 at 05:00AM

Listing Office:

Equity Union : 818-989-2000

Listing Agent:

Nebiyou Mesfin : 818-989-2000

MLS ID:

SR25068125

Interior

• General: Separate/Formal Dining RoomOpen FloorplanStorage
• Appliances: Built-In RangeDishwasherDisposalGas OvenMicrowaveTankless Water Heater
• Laundry: Washer HookupGas Dryer HookupInside
• Flooring: Wood
• A/C: Gas
• Fireplace: None
• Disability Feature: Safe Emergency Egress from HomeParking

Exterior

• Pool: None
• Parking: GarageParking spaces: 4

Construction

• Roofing: Shingle
• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• School District: Los Angeles Unified
• County: Los Angeles

Lot

• Zoning: LARD25061016036
• View: None

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM

This listing courtesy of Nebiyou Mesfin, Equity Union