Backup offers
$10,000 Closing Credit¹
#SR25011239, Larry Weiner, Listing Office: Flans & Weiner, Inc.
#SR25068125·
Listing office: Equity Union·
Listing agent: Nebiyou Mesfin·
Listing office phone: 310-621-3835
$1,448,000 List price
1938 S Harcourt Ave Los Angeles, CA 90016
$10,000
Closing credit¹
4 beds
4 full
2,593 sqft
0.1 acres
$558 / sqft
Multi-Family
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
Home typeQuadruplex
StatusActive
CoolingGas
Size2,593 sqft
Lot size0.1332 Acres
Year built1940
ParkingGarage
MLS #SR25068125
Garage4 spaces
Virtual tour
Summary
- 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: 4/15/2025, 6:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,448,000
1938 S Harcourt Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
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 most common annual income of people living in Los Angeles, CA is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
53%
<35k
39%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
26%
Single, with Kids
12%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
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.
Los Angeles, CA housing market in March 2025 saw over 302 listings sold above listed price, more than 116 sold at listed price and over 322 sold below. The inventory of homes for sale in Los Angeles, CA between February and March 2025 increased by 13.7%. In March 2025 median list price was $940,937 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.