1938 S Harcourt Ave, Los Angeles, CA 90016 - View 1
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 2
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 3
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 4
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 5
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 6
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 7
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 8
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 9
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 10
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 11
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 12
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 13
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 14
1938 S Harcourt Ave, Los Angeles, CA 90016 - View 15

1938 S Harcourt Ave, Los Angeles, CA 90016

List Price: $1,448,000On Market FlagOn market
Apr 2, 20252,593 sqft4 beds4 baths
Listed by: Nebiyou Mesfin
License #: 02226044
Phone #: 818-989-2000
Equity Union
Source:
CRMLS Logo
MLS #: SR25068125

Property Description

Exceptional opportunity to own a 4-unit multifamily property in the highly sought-after West Adams neighborhood of Los Angeles. This property offers a perfect blend of investment potential and owner-user flexibility, with three units available for value addition and to be leased at market rates, while the fourth unit is tenant-occupied, providing immediate rental income. Unit Mix: (1) Two-Bedroom, One-Bathroom/ (2) One-Bedroom, One-Bathroom/(1) Studio Unit. Fully Remodeled Unit: One of the 1-bedroom, 1-bath units has been beautifully renovated, featuring: Recessed lighting throughout/Wall-mounted AC/heater for year-round comfort/ Modern bathroom with sleek finishes/Custom-built closet organization system/New interior doors for a fresh, contemporary look. Dual Entry/Exit: Each unit boasts two separate entrances/exits, offering added convenience and privacy. Recent upgrades: Brand-New Roof, Ensuring long-term durability and reduced maintenance costs. New Stucco Exterior: Enhancing curb appeal and providing a fresh, modern aesthetic.4-Car Detached Garage: Located at the rear of the property, providing ample parking or potential ADU conversion opportunities (buyer to verify). Spacious Front Yard: Ideal for tenant enjoyment or future landscaping enhancements. Location: Walk Score of 85 – A walker’s paradise! It is conveniently located near trendy cafes, popular restaurants, and new retail hotspots. West Adams is a rapidly growing neighborhood, known for its charming architecture, cultural vibrancy, and increasing property values. Easy access to public transportation, the Metro line, and major freeways makes commuting a breeze. Potential: 3 units allow you to set market rents immediately, maximizing your income potential. The detached garage offers value-add potential for ADU conversion or additional storage income. Ideal for owner-occupiers, investors, or developers looking to capitalize on the booming West Adams market. Don’t Miss This Rare Opportunity! Whether you’re an investor seeking immediate cash flow potential or an owner-occupier looking for a prime multifamily property in a thriving neighborhood, this 4-plex offers exceptional value and future upside. Contact us today to schedule a private tour and explore the potential of this outstanding West Adams investment property!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$20,793

TurboHome Estimated Value

$1,417,100

$547 sqft

High Valuation
$1,487,955
$574/sqft
Normal Valuation
$1,417,100
$547/sqft
Low Valuation
$1,346,245
$519/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$547/sqft$1,417,100

Neighborhood: Mid City

Loading map...

Comparative Value

$1.25M

$1.40M

$1.45M

$1.75M

$1.90M

2747 S Mansfield Ave, Los Angeles, CA 90016

Sale Price: $1,250,000

Selected Comparable

4723 Pickford St, Los Angeles, CA 90019

Sale Price: $1,275,000

Selected Comparable

2014 Wellington Rd, Los Angeles, CA 90016

Sale Price: $1,395,000

Selected Comparable

1938 S Harcourt Ave, Los Angeles, CA 90016

List Price: $1,448,000

Subject Property

1252 Keniston Ave, Los Angeles, CA 90019

Sale Price: $1,752,500

Selected Comparable

1662 Wellington Rd, Los Angeles, CA 90019

Sale Price: $1,898,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1938 S Harcourt Ave, Los Angeles, CA 90016

1938 S Harcourt Ave, Los Angeles, CA 90016

List: $1,448,000

Listed: 4/2/2025

Area:2,593 sqft
Price/sqft:$558
Beds:4
Baths:4
Year Built:
Lot Size:5,804

Comparable Properties

COMPARABLE
Choose comps
4723 Pickford St, Los Angeles, CA 90019

4723 Pickford St, Los Angeles, CA 90019

Sale: $1,275,000

12/23/20240.21 mi

Area:2,476 sqft
Price/sqft:$515
Beds:4
Baths:4
Year Built:
Weight:21.6%
1252 Keniston Ave, Los Angeles, CA 90019

1252 Keniston Ave, Los Angeles, CA 90019

Sale: $1,752,500

4/3/20250.92 mi

Area:2,628 sqft
Price/sqft:$667
Beds:4
Baths:4
Year Built:
Weight:21.3%
2747 S Mansfield Ave, Los Angeles, CA 90016

2747 S Mansfield Ave, Los Angeles, CA 90016

Sale: $1,250,000

1/4/20250.90 mi

Area:2,630 sqft
Price/sqft:$475
Beds:4
Baths:4
Year Built:
Weight:20.8%
1662 Wellington Rd, Los Angeles, CA 90019

1662 Wellington Rd, Los Angeles, CA 90019

Sale: $1,898,000

3/21/20250.73 mi

Area:2,582 sqft
Price/sqft:$735
Beds:4
Baths:5
Year Built:
Weight:19.1%
2014 Wellington Rd, Los Angeles, CA 90016

2014 Wellington Rd, Los Angeles, CA 90016

Sale: $1,395,000

6/27/20250.46 mi

Area:3,188 sqft
Price/sqft:$438
Beds:4
Baths:3
Year Built:
Weight:17.2%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times