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123 N Harper Ave, Los Angeles, CA 90048

List Price: $2,350,000On Market FlagOn market
Jun 2, 20254,936 sqft6 beds5 baths
Listed by: Nathan Shaolian
License #: 02074836
Phone #: 310-492-8411
Kidder Mathews of California, Inc.
Source:
CRMLS Logo
MLS #: 25551129

Property Description

First time on the market in 50 years! 123 N Harper Ave is a rare multifamily opportunity in the heart of Beverly Grove, one of L.A.'s most sought-after and supply-constrained neighborhoods. Ideally located between Beverly Hills and West Hollywood, the 4,936 SF building features four oversized units (two 2-bed/1-bath and two 1-bed/1-bath) each over 1,000 SF with ADU potential. Priced at just $476/SF with approx. 10% rental upside, the property offers strong investment fundamentals. One unit will be delivered VACANT ideal for an owner-user and FHA eligible. A rare chance to own in a legacy location where properties seldom trade.
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

$43,920

TurboHome Estimated Value

$2,639,000

$535 sqft

High Valuation
$2,770,950
$561/sqft
Normal Valuation
$2,639,000
$535/sqft
Low Valuation
$2,507,050
$508/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$535/sqft$2,639,000

Neighborhood: Mid City West

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Comparative Value

$1.63M

$1.86M

$1.98M

$2.28M

$2.35M

6216 Orange St, Los Angeles, CA 90048

Sale Price: $1,625,000

Selected Comparable

6306 W 6th St, Los Angeles, CA 90048

Sale Price: $1,865,000

Selected Comparable

8013 W 4th St, Los Angeles, CA 90048

Sale Price: $1,867,000

Selected Comparable

6381 W 6th St, Los Angeles, CA 90048

Sale Price: $1,984,900

Selected Comparable

8218 Blackburn Ave, Los Angeles, CA 90048

Sale Price: $2,282,320

Selected Comparable

123 N Harper Ave, Los Angeles, CA 90048

List Price: $2,350,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
123 N Harper Ave, Los Angeles, CA 90048

123 N Harper Ave, Los Angeles, CA 90048

List: $2,350,000

Listed: 6/2/2025

Area:4,936 sqft
Price/sqft:$476
Beds:6
Baths:5
Year Built:
Lot Size:6,558

Comparable Properties

COMPARABLE
Choose comps
6381 W 6th St, Los Angeles, CA 90048

6381 W 6th St, Los Angeles, CA 90048

Sale: $1,984,900

4/18/20250.64 mi

Area:4,528 sqft
Price/sqft:$438
Beds:6
Baths:6
Year Built:
Weight:20.9%
6216 Orange St, Los Angeles, CA 90048

6216 Orange St, Los Angeles, CA 90048

Sale: $1,625,000

5/28/20250.81 mi

Area:4,681 sqft
Price/sqft:$347
Beds:7
Baths:5
Year Built:
Weight:20.3%
6306 W 6th St, Los Angeles, CA 90048

6306 W 6th St, Los Angeles, CA 90048

Sale: $1,865,000

4/8/20250.72 mi

Area:4,319 sqft
Price/sqft:$432
Beds:6
Baths:4
Year Built:
Weight:19.9%
8218 Blackburn Ave, Los Angeles, CA 90048

8218 Blackburn Ave, Los Angeles, CA 90048

Sale: $2,282,320

10/23/20240.26 mi

Area:4,332 sqft
Price/sqft:$527
Beds:6
Baths:4
Year Built:
Weight:19.6%
8013 W 4th St, Los Angeles, CA 90048

8013 W 4th St, Los Angeles, CA 90048

Sale: $1,867,000

10/3/20240.41 mi

Area:4,331 sqft
Price/sqft:$431
Beds:6
Baths:4
Year Built:
Weight:19.3%

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