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2661 S Harcourt Ave, Los Angeles, CA 90016
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2661 S Harcourt Ave Los Angeles, CA 90016

$1,115,000 Sold Price as of 01/26/2023
  • 8 Beds
  • 7 Baths
  • 1,820 Sq.Ft.
Sold
$1,115,000 Sold Price as of 01/26/2023 Refinance Your Mortgage
Map preview of 2661 S Harcourt Ave, Los Angeles, CA 90016

Property Overview: 2661 S Harcourt Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 1,820 living square feet and 5,198 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming Spanish triplex nestled in the bustling and vibrant West Adams epicenter! This impressive 1920s gem is ideal for owner occupancy or investment property. This Harcourt Avenue triplex proudly offers a front single-family home with three bedrooms, two baths, in-unit washer/dryer, and a private front yard and will be delivered vacant at the close of escrow - the perfect opportunity for the owner/user. Behind the front house are two sizable one-bedroom and one-bath units; one is tenant occupied, and the other will also be delivered vacant - now offering 2 vacancies! The property features a separate two-car garage w/ ADU potential, driveway parking, and newly landscaped front, middle, and backyards - perfect for entertaining guests. This fabulous triplex is located just a block off trendy West Adams Blvd in Mid-City close to freeway access, new bars, restaurants, gyms, shopping centers, and the brand new Crenshaw & Exposition Metro lines! A rare opportunity to own an incredible property while receiving income in the center of all West Adams has to offer! Don't miss out on owning these three fabulous homes. Current GRM (14.60) and CAP Rate (4.6) are based on actual and projected rents for vacancies. ***Property now being delivered to buyer with 2 vacancies and upgrades including foundation retrofitting.

Listed by Rodney Wittbrodt | BRE #02095111 | Compass
Last checked: 1 minute ago | Last updated: August 2nd, 2023 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
5,198
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22203651
City
Los Angeles
County
Los Angeles
Time on Site
597 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,411
  • Total Rent: $1,411
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.6%
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: --
  • Net Operating Income: $52,395
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2661 S Harcourt Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Oven
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Two Door, Assigned, Shared Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5057013028
  • Architectural Style: Spanish
  • Foundation Details: Raised, Slab
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: North of W. Jefferson Blvd. East of S. La Brea Ave. West of Buckingham Rd. South of West Adams Blvd. PRIME WEST ADAMS!
View more facts & features

Local Los Angeles Agent

Sale History for 2661 S Harcourt Ave

Last leased for $3,495 on August 1st, 2023

  • August, 2023

  • Aug 1, 2023

    Date

    Leased

    CRMLS: SR23102182

    $3,495

    Price

  • Jun 9, 2023

    Date

    Active

    CRMLS: SR23102182

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this cute, updated 1920s Spanish Casita with beautiful fenced front yard in blossoming West Adams! A fully detached 2 bedroom plus bonus room house with no shared walls and no one above or below, this is the front unit of a small triplex. Adorable arched front atrium porch leads into a main living area featuring plenty of natural light and character elements: a decorative fireplace flanked by built-in storage cabinets and charming arched partitions that reveal an updated kitchen with new stainless steel appliances. Two bedrooms are connected by a Jack & Jill bathroom that has new floor tiles, a new toilet, new mirrored medicine cabinet, new space-saving sink, freshly reglazed bath tub, and new multi-function shower head. Bonus room with additional ensuite three-quarter bathroom features a stackable laundry unit and would make an ideal office, laundry room, yoga room, or possible small third bedroom. Newly installed HVAC unit provides central heat and air conditioning controlled by a Nest thermostat. Enjoy the outdoors in the lush front yard surrounded by bougainvillea, fire stick plant, and passionfruit vines embracing a private perimeter fence. Comes with a single-car garage for parking and/or storage, and an optional second uncovered off-street parking spot. Near West Adams hot spots Highly Likely Cafe, Party Beer Company Brewery, Cento, Alta, Adams Wine Shop, Vicky's All Day, and so much more. Less than 2 miles from the LaCienega Whole Foods Market which just opened last year. Enjoy all this super-central location has to offer!

  • April, 2023

  • Apr 28, 2023

    Date

    Leased

    CRMLS: SR23067136

    $2,200

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: SR23067136

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to a cute 1 bedroom, 1 bathroom casita style apartment in blossoming West Adams! This rear unit of a 1920s Spanish style triplex features laminate floors, a full bathroom with new floor tile, new sink, and freshly reglazed bathtub. Kitchen features granite countertops, a new garbage disposal, and a breakfast nook with French doors that lead to the star of the show - an enclosed, adorable, and SPACIOUS private back yard. Deep 1-car garage can be used for parking or storage. Great central location near Metro rail stations, the new LaCienega/Jefferson Whole Foods Market, and West Adams spots Highly Likely, Alta, Cento Pasta Bar, Vicky's All Day, Mizlala, Party Brewery, and more. Enjoy all this area has to offer! (Staging is virtual)

  • January, 2023

  • Jan 26, 2023

    Date

    Sold

    CRMLS: 22203651

    $1,115,000

    Price

  • Sep 28, 2022

    Date

    Active

    CRMLS: 22203651

    $1,085,000

    Price

  • December, 2016

  • Dec 5, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2012

  • Nov 29, 2012

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

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Tax History for 2661 S Harcourt Ave

Assessed Value (2020): $412,352
Year Land Value Improved Value Assessed Value
2020 $337,793 $74,559 $412,352

Home Value Compared to the Market

This property vs the competition

2661 S Harcourt Ave sold on January 26, 2023 for 5.04% lower 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 $620.88 per/sqft which puts the price per square foot 17.76% lower than the current median sale per square foot for the city of Los Angeles.

About 2661 S Harcourt Ave

Detailed summary of property

2661 S Harcourt Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 1,820 living square feet, and sits on an approximately 5,198 square foot lot. 2661 S Harcourt Ave was first listed on ArdentRealEstateGroup.com on September 29, 2022. The homeowner sold the property for $1,115,000. 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 5.04% lower than the current median priced home. Local homes that are currently for sale include 2546 S Bronson Ave, 2546 S Bronson Ave and 5346 Smiley Dr. While the average home in Los Angeles, CA is selling in 92 days, 2661 S Harcourt Ave has a days on market of 76 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 2661 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 2661 S Harcourt Ave

Public county record property details
Beds
2
Baths
3
Year built
1924
Sq. Ft.
828
Lot Size
5,199
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
370
APN
5057-013-028

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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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