
1938 S Harcourt Ave Los Angeles, CA 90016
Property details
About 1938 S Harcourt Ave
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!
Highlights
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Range, Dishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater
- Flooring Type: Wood
- Interior: Separate/Formal Dining Room, Open Floorplan, Storage
- Fireplace: None
- Total Bedroom Count: 4
- Garage Space: 4 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Garage
- Cooling: Gas
- List Price: $1,448,000
- Price/SqFt: $558
- HOA Amount: $0
- Annual Tax Amount: $16,055
- Tax Year: 2024
- Directions: Near 10 Freeway. Harcourt and Washington
- Year Built: 1940
- Stories: 2
- Living Area: 2,593 SqFt
- Lot Size: 0.1332 Acres
- MLS Number: SR25068125
- MLS Name: CRMLS
- Office Name: Equity Union
- Office Phone: (310) 621-3835
- Listing Agent: Nebiyou Mesfin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 9:45:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,448,000
1938 S Harcourt Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 03, 2022 | Home Sold | $1,250,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,300,500 | $16,055 |
2023 | $1,275,000 | $15,749 |
2022 | $126,553 | $1,930 |
2021 | $124,072 | $1,890 |
2020 | $122,801 | $1,843 |
2019 | $120,394 | $1,744 |
2018 | $118,034 | $1,713 |
2017 | $115,721 | $1,713 |
History based on county public records data.
Nearby schools
5
Alta Loma Elementary School
Public District KG-5
0.4 mi
•1745 Vineyard Ave
4
Stella Elementary Charter Academy
Public Charter KG-3
0.7 mi
•2636 S Mansfield Ave
6
Virginia Road Elementary
Public District KG-5
0.7 mi
•2925 Virginia Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,787. The majority of Los Angeles, CA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 1938 S Harcourt Ave
The listing price of 1938 S Harcourt Ave property is $1,448,000.
The property 1938 S Harcourt Ave is a multi located in Los Angeles, California, 90016.
Active Listing: 1938 S Harcourt Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1938 S Harcourt Ave are: Alta Loma Elementary School (GreatSchools Rating 5/10), Stella Elementary Charter Academy (GreatSchools Rating 4/10), Virginia Road Elementary (GreatSchools Rating 6/10), New los Angeles Charter (GreatSchools Rating 6/10), Johnnie Cochran Jr. Middle School (GreatSchools Rating 3/10), Isana Nascent Academy (GreatSchools Rating 3/10), Dorsey High School (GreatSchools Rating 2/10), View Park Continuation (GreatSchools Rating 1/10), Girls Academic Leadership Academy Dr. Michelle King School STEM (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $16,055 (source: MLS/based on county public records data).
The last sale was on May 3, 2022 for $1,250,000 (source: MLS/tax record).
The property 1938 S Harcourt Ave is 2,593 SqFt (source: MLS/tax record).
The year of construction for 1938 S Harcourt Ave is 1940.
This home is located at 1938 S Harcourt Ave in Los Angeles, CA and zip code 90016 in the Mid-City neighborhood. This 2,593 square foot home, which was built in 1940, sits on a 0.13 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $1,448,000.
Over 325 listings were sold over their listed price in May 2025 in Los Angeles, CA. In the same period over 319 listings were sold below the listed price and 134 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 8.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $871,794 during the same period.