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1938 S Harcourt Ave, Los Angeles, CA 90016
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1938 S Harcourt Ave Los Angeles, CA 90016

$1,250,000 Sold Price as of 05/03/2022
  • 4 Beds
  • 3 Baths
  • 2,593 Sq.Ft.
Sold
$1,250,000 Sold Price as of 05/03/2022 Refinance Your Mortgage
Map preview of 1938 S Harcourt Ave, Los Angeles, CA 90016

Property Overview: 1938 S Harcourt Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,593 living square feet and 5,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible opportunity to acquire an investment property in the desirable Mid City L.A. area. Great Investor or possible Owner-Occupied opportunity with plenty of potential. Four unit, two story building with 1 2-bedrooms 1-bath unit, 2 1-bedroom 1-bath unit, and 1 Studio unit. Two Units are on the first floor, and two units on the second floor. All are in good condition. Two of the units have been fully remodeled including new paint, new flooring and more. Each unit has its own separate 1 car detached garage at rear of building for secured parking. Two of the units are vacant and/or non-tenant occupied so the new owner will be able to charge current fair market rents. The property is within minutes to nearby shopping, local entertainment centers, and connections to major freeways & transportation hubs. Approximately 9 miles to LAX, 8 miles to the New SoFi Stadium and the proposed site for the new Clippers Arena, 8 miles to DTLA, and 10 miles to Santa Monica Beach.

Listed by Naville McGlover | BRE #00897513 | Advent Real Estate
Last checked: 41 seconds ago | Last updated: June 26th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,802
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21697894
City
Los Angeles
County
Los Angeles
Time on Site
1173 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1938 S Harcourt Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Window Features: Double Pane Windows
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5061016036
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
Location / Neighborhood
Location Information
  • Directions: Property is between 10 freeway, Washington Blvd., LaBrea Ave. & Crenshaw Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1938 S Harcourt Ave

Last sold for $1,250,000 on May 3rd, 2022

  • June, 2023

  • Jun 26, 2023

    Date

    Expired

    CRMLS: 23261507

    $1,479,500

    Price

  • Apr 25, 2023

    Date

    Active

    CRMLS: 23261507

    $1,489,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED!!Attention Investors and Homebuyers seeking income property! This is a rare opportunity toacquire a four-unit, two-story building in the highly desirable Mid City L.A. area. Three of thefour units are currently vacant and ready for occupancy, allowing the new owner to chargecurrent market rents. Additionally, with the right buyer, the fourth unit can potentially bedelivered vacant. The property includes one 2-bedroom 1-bath unit, two 1-bedroom 1-bathunits, and one Studio unit, each with its own separate 1-car detached garage for securedparking. The location is unbeatable, with easy access to nearby shopping, entertainmentcenters, major freeways, and transportation hubs. You'll be just 9 miles from LAX, 8 miles fromthe New SoFi Stadium and the proposed site for the new Clippers Arena, 8 miles from DTLA,and 10 miles from Santa Monica Beach. Plus, there is excellent potential to build an ADU on theproperty. Take advantage of this fantastic opportunity to own an income-producing property ina prime location!

  • September, 2021

  • Sep 10, 2021

    Date

    Active

    CRMLS: 21697894

    $1,500,000

    Price

  • Jun 8, 2021

    Date

    Pending

    CRMLS: 21697894

    $1,500,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: 21697894

    $1,500,000

    Price

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: DW20143621

    $1,515,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: DW20143621

    $1,515,000

    Price

  • Listing provided courtesy of CRMLS

    Mid City, Los Angeles! East of La Brea and North of the I 10. 4 units beautiful units, two of which have been renovated. This property offers a lot of opportunities for those looking to buy an income property in an up-and-coming neighborhood. Please call your agent for more detailed information.

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Tax History for 1938 S Harcourt Ave

Assessed Value (2020): $122,801
Year Land Value Improved Value Assessed Value
2020 $46,680 $76,121 $122,801

Home Value Compared to the Market

This property vs the competition

1938 S Harcourt Ave sold on May 3, 2022 for 26.05% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $578.48 per/sqft which puts the price per square foot 23.38% lower than the current median sale per square foot for the city of Los Angeles.

About 1938 S Harcourt Ave

Detailed summary of property

1938 S Harcourt Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,593 living square feet, and sits on an approximately 5,802 square foot lot. 1938 S Harcourt Ave was first listed on ArdentRealEstateGroup.com on March 2, 2021. The homeowner sold the property for $1,250,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.05% higher than the current median priced home. Local homes that are currently for sale include 2546 S Bronson Ave, 1432 S Cloverdale Ave and 2524 S Sycamore Ave. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1938 S Harcourt Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1938 S Harcourt Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
2,593
Lot Size
5,801
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
75
APN
5061-016-036

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1938 S Harcourt Ave

1925 S Harcourt Ave, Los Angeles, CA 90016
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1920-1922 Harcourt Ave, Los Angeles, CA 90016
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1920-1922 Harcourt Ave
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1920 S Harcourt Ave, Los Angeles, CA 90016
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1920 S Harcourt Ave
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1915 S Palm Grove Ave, Los Angeles, CA 90016
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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