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4 Beds
4 Baths
2,593 sqft

$1,448,000

1938 S Harcourt Avenue, Los Angeles CA, 90016

Price per sqft$558.43
Built in1940
Property size2,593 sqft
Property typeMulti-family
test courtesy

Overview

Active

Listed Apr 2, 2025

Updated Apr 10

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!

$9,634/mo

Est. mortgage payment based on a $1,448,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR25068125

Interior Features

Bedrooms
4
Bathrooms
4

Exterior Features

Lot Size
0.13 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Equity Union, Nebiyou Mesfin

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 6:41 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information 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.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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