MarketPier

2037 S HARCOURT Avenue - Los Angeles, CA 90016

$849,000
Listing Description

Turn-key modernized Mid Century Ranch duplex with one vacant / rear unit (2039 Harcourt) on the border of red hot West Adams & Mid City. Both units are 1-bedroom, 1-bathroom and feature recently remodeled kitchens & bathrooms, central heat & AC, restored original hardwood floors, side-by-side laundry hook-ups and new windows that soak each unit in natural light. Low maintenance, drought tolerant landscaping surround the front and spacious backyard that is perfect for dinner parties and entertaining. Per LADBS, foundation retrofitted for earthquakes in 2014, buyer to investigate. Minutes from the trendiest West Adams amenities such as Highly Likely, Miz LA LA, Delicious Pizza, ALTA and more. Occupied front unit (2037 Harcourt) currently pays $1750/mo. Perfect for an owner-user or an investor looking for a hassle free income property.

Listing Information
MLS Number
19485716
APN/Parcel ID
5061017036
Type
Multifamily
Sub Type
Multifamily
Building Size
1,232 sqft
Lot Size
5,822 sqft
Price / SQFT
$689
No Units
2
Price / Unit
$424,500
Gross Income
$46,200
Total Expenses
$2,298
Net Income
$43,901
Rent Multiplier
18.37
Listing Date
7/11/2019
Days Active
5
Last Updated
7/17/2019
Listing Provided By
Benjamin Kahle
Deasy Penner & Partners
BRE# 01951554

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