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1946 S Harcourt Ave, Los Angeles, CA 90016

Sale Price: $1,170,000
Jun 17, 20244,348 sqft8 beds4 baths
Listed by: Reid C. Kaplan
License #: 01711288
Phone #: 310-883-8921
RE/MAX ESTATE PROPERTIES
Source:
CRMLS Logo
MLS #: 24400919

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,377

TurboHome Estimated Value

$1,083,400

$249 sqft

High Valuation
$1,137,570
$262/sqft
Normal Valuation
$1,083,400
$249/sqft
Low Valuation
$1,029,230
$237/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$249/sqft$1,083,400

Neighborhood: Mid City

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Comparative Value

$915K

$1.14M

$1.17M

$1.27M

$1.35M

$1.48M

2046 S Burnside Ave, Los Angeles, CA 90016

Sale Price: $915,000

Selected Comparable

1460 S Burnside Ave, Los Angeles, CA 90019

Sale Price: $1,135,000

Selected Comparable

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale Price: $1,170,000

Selected Comparable

1946 S Harcourt Ave, Los Angeles, CA 90016

List Price: $1,275,000

Subject Property

2625 San Marino St, Los Angeles, CA 90006

Sale Price: $1,355,000

Selected Comparable

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,483,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1946 S Harcourt Ave, Los Angeles, CA 90016

1946 S Harcourt Ave, Los Angeles, CA 90016

List: $1,275,000

Listed: 6/17/2024

Area:4,348 sqft
Price/sqft:$293
Beds:8
Baths:4
Year Built:
Lot Size:5,803

Comparable Properties

COMPARABLE
Choose comps
1946 S Harcourt Ave, Los Angeles, CA 90016

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale: $1,170,000

8/13/20240.00 mi

Area:4,348 sqft
Price/sqft:$269
Beds:8
Baths:4
Year Built:
Weight:23.0%
1500 S Sycamore Ave, Los Angeles, CA 90019

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale: $1,483,000

7/16/20250.65 mi

Area:5,054 sqft
Price/sqft:$293
Beds:8
Baths:4
Year Built:
Weight:21.5%
2625 San Marino St, Los Angeles, CA 90006

2625 San Marino St, Los Angeles, CA 90006

Sale: $1,355,000

3/24/20253.51 mi

Area:4,680 sqft
Price/sqft:$290
Beds:8
Baths:4
Year Built:
Weight:19.4%
1460 S Burnside Ave, Los Angeles, CA 90019

1460 S Burnside Ave, Los Angeles, CA 90019

Sale: $1,135,000

8/14/20240.92 mi

Area:3,744 sqft
Price/sqft:$303
Beds:8
Baths:4
Year Built:
Weight:18.7%
2046 S Burnside Ave, Los Angeles, CA 90016

2046 S Burnside Ave, Los Angeles, CA 90016

Sale: $915,000

8/28/20240.87 mi

Area:3,408 sqft
Price/sqft:$268
Beds:8
Baths:4
Year Built:
Weight:17.5%

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