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2006 S Harcourt Ave, Los Angeles, CA 90016
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2006 S Harcourt Ave Los Angeles, CA 90016

$1,545,000 Sold Price as of 05/18/2021
  • 12 Beds
  • 6 Baths
  • 4,188 Sq.Ft.
Sold
$1,545,000 Sold Price as of 05/18/2021 Refinance Your Mortgage
Map preview of 2006 S Harcourt Ave, Los Angeles, CA 90016

Property Overview: 2006 S Harcourt Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 4,188 living square feet and 5,801 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2006 S Harcourt Ave is a professionally managed 4plex in the rapidly improving Mid City neighborhood! It is just a half of a block away from the Nate Holden Performing Arts Center, which is a cultural and entertainment destination. Additionally, it's less than 1 mile from the Mid-Town Crossing Shopping Center and the new Target and Sprouts Farmers Market Center. The unit mix is (2) 3 Bed/1 Bath & (2) 3 Bed/2 Bath units. 2 of the 4 units were completely remodeled in 2019 which included adding an extra bathroom which was done by permits. This is a great road map for the new owner to do the same to the 3 Bed/1 Bath units (the 2 non-rehabbed units) and increase their cash flow by $3,052 a month & $36,624 a year. In addition to the two remodeled units, the building got a brand new foundation put in place in 2018, all new copper plumbing (horizontals), and all new electrical service & sub-panels. We have complete records of the recent renovations and bathroom additions of the 2 units. All of the vendor contracts and invoices will be delivered to Buyer which will facilitate the process of updating the 2 non-rehabbed units and save time and money for the new owner. One unit may be delivered vacant which opens the door for an owner-user to live in one unit and rent the others! 5 on-site parking spaces, and no EQ seismic retrofit is required on this property!

Listed by Jonathan Rawson | BRE #02010400 | Avenue Realty Group
Co-listed by Keith Moret | BRE #01802527 | Keller Williams Beach Cities
Last checked: 3 minutes ago | Last updated: May 24th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,801
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21695424
City
Los Angeles
County
Los Angeles
Time on Site
1184 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,638
  • Total Rent: $1,638
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,875
  • Total Rent: $2,875
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.4
  • Gross Scheduled Income: --
  • Net Operating Income: $67,337
  • Gross Operating Income: $102,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2006 S Harcourt Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5061016032
Location / Neighborhood
Location Information
  • Directions: South of Washington, East of La Brea, North of 10 Freeway, West of West Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 2006 S Harcourt Ave

Last sold for $1,545,000 on May 18th, 2021

  • May, 2021

  • May 19, 2021

    Date

    Sold

    CRMLS: 21695424

    $1,545,000

    Price

  • Mar 23, 2021

    Date

    Pending

    CRMLS: 21695424

    $1,525,000

    Price

  • Mar 3, 2021

    Date

    Active Under Contract

    CRMLS: 21695424

    $1,525,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: 21695424

    $1,525,000

    Price

  • February, 2020

  • Feb 1, 2020

    Date

    Expired

    CRMLS: 19521886

    $2,950

    Price

  • Oct 18, 2019

    Date

    Active

    CRMLS: 19521886

    $2,950

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled unit offering up-to-date amenities. Beautiful hardwood-style laminate floors. Kitchen is fully equipped with stainless-steel appliances including refrigerator, stove and dishwasher. Enjoy the convenience of washer and dryer in unit.Amenities-hardwood-style laminate floors -stainless-steel appliances; refrigerator, stove and dishwasher. -stackable washer and dryer in unit. -combination ceiling fans (fan & light) -spacious bedroom closets with mirror doors. -1 parking space included -professionally managed property.Move-In Special! 1/2 Off First Month's Rent on approved credit! NEWLY REMODELED! Spacious Upstairs Unit w/SS Appliances, Washer & Dryer, Parking and Much More!

  • April, 2018

  • Apr 4, 2018

    Date

    Sold

    CRMLS: BB17274301

    $1,170,000

    Price

  • Jan 18, 2018

    Date

    Pending

    CRMLS: BB17274301

    $1,200,000

    Price

  • Dec 30, 2017

    Date

    Active

    CRMLS: BB17274301

    $1,200,000

    Price

  • Dec 29, 2017

    Date

    Hold

    CRMLS: BB17274301

    $1,200,000

    Price

  • Dec 29, 2017

    Date

    Active

    CRMLS: BB17274301

    $1,200,000

    Price

  • Dec 28, 2017

    Date

    Hold

    CRMLS: BB17274301

    $1,200,000

    Price

  • Dec 13, 2017

    Date

    Active

    CRMLS: BB17274301

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    EXCELENT OPPORTUNITY FOR INVESTORES OR OWNER-OCCUPIED HOME. Desirable location in Mid City L.A. only minutes away from: Down town L.A., USC; LAX; BH; Culver City; Santa Monica and Silicon Beach; West Hollywood; DTLA, and be connected by the Blue Metro Expo line to Santa Monica and future extension of the GOLD Metro line from Crenshaw to the Redondo Beach with a stop over at the Los Angeles Airport Metro station is nearby at Jefferson and La Cienega. 4 Units with 3 bedrooms 1 bathroom each. Two Units on the first floor, and two Units on the second floor. All in good condition. All Units are very spacious and have independent entrance from the front and the back. Curb appeal with lots of character on the front of the building. Nicely landscaped with a small sitting area, and plenty of space on the back with 6 parking spaces, a covered patio and a storage. Security Camera System not included. ONE UNIT WILL BE VACANT, SO YOU CAN LIVE IN ONE AND RENT THE OTHER THREE.

  • April, 2018

  • Apr 3, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,170,000

    Price

  • December, 2003

  • Dec 17, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2006 S Harcourt Ave

Assessed Value (2020): $1,230,998
Year Land Value Improved Value Assessed Value
2020 $905,148 $325,850 $1,230,998

Home Value Compared to the Market

This property vs the competition

2006 S Harcourt Ave sold on May 18, 2021 for 28.15% 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 $364.14 per/sqft which puts the price per square foot 51.77% lower than the current median sale per square foot for the city of Los Angeles.

About 2006 S Harcourt Ave

Detailed summary of property

2006 S Harcourt Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 4,188 living square feet, and sits on an approximately 5,801 square foot lot. 2006 S Harcourt Ave was first listed on ArdentRealEstateGroup.com on February 19, 2021. The homeowner sold the property for $1,545,000. 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 28.15% higher than the current median priced home. Local homes that are currently for sale include 1365 Keniston Ave, 1296 S Citrus Ave and 2622 S Orange Dr. While the average home in Los Angeles, CA is selling in 92 days, 2006 S Harcourt Ave has a days on market of 10 days. 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 2006 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 2006 S Harcourt Ave

Public county record property details
Beds
12
Baths
6
Year built
1923
Sq. Ft.
4,188
Lot Size
5,801
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5061-016-032

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%)

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Recently Sold Homes Near 2006 S Harcourt Ave

2016 S Harcourt Ave, Los Angeles, CA 90016
$1,250,000 Last Sold Price
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3 Baths
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2016 S Harcourt Ave
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1938 S Harcourt Ave, Los Angeles, CA 90016
$1,250,000 Last Sold Price
4 Beds
3 Baths
2593 Sq.Ft.
1938 S Harcourt Ave
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2017 S Palm Grove Ave, Los Angeles, CA 90016
$1,307,500 Last Sold Price
4 Beds
2 Baths
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2017 S Palm Grove Ave
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1925 S Harcourt Ave, Los Angeles, CA 90016
$1,425,000 Last Sold Price
4 Beds
3 Baths
2700 Sq.Ft.
1925 S Harcourt Ave
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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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