Property listed by Robert Leveen, Robert Leveen 213-995-6684
$1,075,000
We are pleased to present Harcourt Apartments located at 2010 S. Harcourt Avenue in the mid-city section of Los Angeles. The charming quadruplex was constructed in 1923 and is comprised of four x two bedroom/one bath apartments. Each apartment has its own water heater and laundry hookups.… Read More Two of the apartments were recently renovated. The property is separately metered and ownership only pays for water and sewer. There is carport parking in the rear, and the potential exists to construct an ADU on top of the carport. The foundation was seismically reinforced in 2012, and there have been some electrical upgrades. The property is subject to city of Los Angeles Rental Stabilization Ordinance. Harcourt Apartments is centrally located on a quiet residential street in mid-city with easy access to I-10, Metro's light rail E line, the La Brea corridor, West Adams, Hancock Park and Beverly Hills. With continued upward pressure on rents, a desirable neighborhood, and ADU potential, this offering is an ideal bite sized deal for an investor. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
8
Square Ft.
3,472
Lot Size
0.13 Acres
Year Built
1923
MLS Number
26661717
Additional Details
Appliances & Equipment
Washer
Building
Built in 1923, Living area: 3472.0, 1 building, 2 stories, Levels: Two
Cooling
None
Income
Gross Income: $89,352, Net Operating Income: $49,274
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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