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1946 S Harcourt Ave, Los Angeles, CA 90016
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1946 S Harcourt Ave Los Angeles, CA 90016

$1,275,000
  • 8 Beds
  • 4 Baths
  • 4,348 Sq.Ft.
For Sale
$1,275,000 Get Pre-Qualified
Map preview of 1946 S Harcourt Ave, Los Angeles, CA 90016

Property Overview: 1946 S Harcourt Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,348 living square feet and 5,803 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own a well-maintained, classic "two up, two down" Spanish 4-unit building in Mid-City, North of 10 freeway. Enter front yard through beautiful archway hedged with bougainvillea that leads to attractive front yard, patio, and lobby entrance with interior staircase. Building features four large 2+1 units with longer-term tenants. Strong current rents and significant up-side potential! Actual rents: $1,161.36, $1,446.70, $2,100, and $2,100 ($6,808/month total). and two tenants ($2,100/month each) have not had recent rent increases. These two units were updated 5-10 years ago, including new kitchen, new tiled bathroom, carpet in bedrooms, and hardwood floors in living and kitchen. Laundry hook-ups in some units and good amount of closet space. Exterior was just painted. Each unit has their own parking space at the back or build up to 2 ADU's per LADBS. Great location just a few blocks from Midtown Shopping Center, numerous coffee shops, restaurants, food trucks, and recreation facilities.

Listed by Reid C. Kaplan | BRE #01711288 | RE/MAX ESTATE PROPERTIES
Last checked: 2 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
5,803
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24400919
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,447
  • Total Rent: $1,447
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,161
  • Total Rent: $1,161
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.12%
  • Gross Rent Multiplier: 6.41
  • Gross Scheduled Income: --
  • Net Operating Income: $52,499
  • Gross Operating Income: $81,696
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $15,300
  • Insurance: $2,244
  • Maintenance: $6,917
  • Water/Sewer: $4,521

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Property Details for 1946 S Harcourt Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Parking Space, Assigned
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5061016034
  • Architectural Style: Spanish
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 1/2 block south of Washington Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1946 S Harcourt Ave

Last sold for $795,000 on November 18th, 2014

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: 24400919

    $1,275,000

    Price

  • November, 2014

  • Nov 18, 2014

    Date

    Sold (Public Records)

    Public Records

    $795,000

    Price

  • December, 2003

  • Dec 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 1946 S Harcourt Ave

Assessed Value (2020): $873,652
Year Land Value Improved Value Assessed Value
2020 $659,362 $214,290 $873,652

Home Value Compared to the Market

This property vs the competition

1946 S Harcourt Ave is listed 2.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $293.24 per/sqft which puts the price per square foot 62.31% lower than the median price per square foot for the city of Los Angeles.

About 1946 S Harcourt Ave

Detailed summary of property

1946 S Harcourt Ave is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 4,348 living square feet, and sits on an approximately 5,803 square foot lot. 1946 S Harcourt Ave was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $1,275,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.08% higher than the median priced home. Local competing homes currently for sale include 2818 S Bronson Ave, 2530 S Sycamore Ave and 3809 W 30th St. While the average home in Los Angeles, CA is selling in 98 days, 1946 S Harcourt Ave has a days on market of 9 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1946 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 1946 S Harcourt Ave

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
4,348
Lot Size
5,801
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
73
APN
5061-016-034

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
$1,098,000
Median List Price/Sq.Ft.
$744
Median Sold Price
$1,150,000
Median Sold Price/Sq.Ft.
$742
Total Inventory
78
Median Sale to List Price %
95.91%
Avg Days on Market
31
Loan Type
Conventional (31.58%), FHA (0%), VA (0%), Cash (10.53%), Other (15.79%)

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Recently Sold Homes Near 1946 S Harcourt Ave

1925 S Harcourt Ave, Los Angeles, CA 90016
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1920 S Harcourt Ave, Los Angeles, CA 90016
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8 Beds
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1920 S Harcourt Ave
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1920-1922 Harcourt Ave, Los Angeles, CA 90016
$1,350,000 Last Sold Price
9 Beds
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1920-1922 Harcourt Ave
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1938 S Harcourt Ave, Los Angeles, CA 90016
$1,250,000 Last Sold Price
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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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