2006 Harcourt Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2006 Harcourt Avenue,Los Angeles, CA 90016
$1,598,800
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:leonie tran626-349-0585
Office:exp realty of california inc
MLS#:WS25111731
Source:CAREIL
Price summary
- Price:$1,598,800
About this home
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. Over $200k was spent on capital improvements by previous ownership, which include electrical/plumbing upgrades, foundation retrofitting, new sewer line, and interior remodel of Units 2008 and 2008.5. Part of the scope of work for the 2018/2019 interior remodel was the addition of a bathroom to each of these two units, which increased the achievable market rents. The value-add in the property lies in an investor’s ability to remodel the two remaining units with similar interior upgrades/bathroom additions and increasing market rents for those units as well. There is also potential value-add by constructing multiple ADUs (buyer to verify). The long-term value is in the property’s ideal location in the revitalizing Mid-City/West Adams area between the Pacific Ocean and Downtown Los Angeles providing the prospect of solid long-term
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Home facts
- Year built:1923
- Listing ID #:WS25111731
- Added:98 day(s) ago
- Updated:July 16, 2025 at 04:34 PM
Structure and exterior
- Year built:1923
- Lot area:0.13 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,598,800
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