$1,399,000
2949 S Harcourt Avenue, Los Angeles CA 90016
Multi-Family (Fourplex)
Property type
2 days
On market
$539
Price per sqft
4 cars
Garage
1924
Year built
10,538 sqft
Lot size
Home highlights
Open Houses
Overview
Prime Corner Lot Investment Opportunity in Los Angeles. Situated on an expansive 10,538 sq. ft. corner lot, this well-maintained 4-plex offers outstanding potential for investors, developers, or owner-users. The property includes four individually addressed units, four garage spaces, and a gated, fully secured covered yard—ideal for additional rental income or future...
Listing provided by: Nick Binesh DRE #01708370 949-222-0234, Binesh Realty
Listing updated: Jun 4, 2026 at 01:52pm.
Last checked: Jun 4, 2026 at 02:30pm
Source: CRMLS #OC26121307
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,000 | $0 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,800 | $0 | $2,500 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,700 | $0 | $2,200 | Unfurnished |
| 1 | 1 | 1 | 1 | $0 | $0 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
12.4x
List Price / Annual Gross Rent
Cap Rate
6.28%
NOI / List Price
Gross Scheduled Income: $112,800
Operating Expense: $25,000
Net Operating Income: $87,800
Annual Operating Expenses
Insurance: $2,800
New Taxes: $14,700
Trash: $600
Water / Sewer: $3,600
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre, Back Yard, Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Covered, Electric Gate, Garage, Gated, Oversized, One Space, Storage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5057028030
Additional Parcels: No
Tax Lot: 13
Zoning: LAR2
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 2949 S Harcourt Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,119,200
Total Interest
$1,427,478
Total Payment
$2,546,678
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,681
per month
Property History for 2949 S Harcourt Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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