Los Angeles, CA 90016 2006 S Harcourt Avenue
$1,598,000
23 more
Presented By: LEONIE TRAN with eXp Realty of California Inc; 626-349-0585
- MLS# WS25111731
- 05/19/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 3
SQFT • 4,188
Home Details
Introducing a prime investment opportunity in the heart of Los Angeles. This charming 4,188 SF building, boasting 4 units, seamlessly blends historic allure with modern upgrades following its 2019 renovation. Two of the four units were extensively upgraded as part of the recent renovation. This property ensures a strong rental demand with a 100% occupancy, an excellent unit mix of all three bedrooms, and over 25% upside potential in rental income. With its coveted location in the greater revitalizing West Adams district, this fourplex promises an exceptional investment in a thriving urban setting. Invest in a piece of Los Angeles history and capitalize on the robust demand for quality rental housing in this vibrant market.
Presented By: LEONIE TRAN with eXp Realty of California Inc; 626-349-0585
Interior Features for 2006 S Harcourt Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, Inside, Stacked
Total Stories2
Other Rooms
Entry Level1
General for 2006 S Harcourt Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.48
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Urban
CountyLos Angeles
DirectionsEast side of S. Harcourt Avenue between Washington Boulevard and W 21st Street.
Electric On Property Y/NNo
Entry LocationFront
Garage Spaces0.0
Garage Y/NNo
Gross Income113258.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4096.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet5803.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense8221.0
MobileHomeRemainsYNNo
Net Operating Income71665.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces6.0
Operating Expense41593.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot71
Taxes$19,766
Tenant PaysElectricity, Gas
Total Actual Rent113258.0
Trash Expense1200.0
Water Sewer Expense8310.0
Year Built1923
Year Built SourceAssessor
ZoningLARD2
Exterior for 2006 S Harcourt Avenue
Building Area Total4188.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1332
Lot Size Area5803.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate