2949 S Harcourt Ave, Los Angeles, CA, 90016
About This Home
HUGE PRICE REDUCTION, Exceptional investment opportunity featuring four units for sale situated on an expansive 10,538 sq ft lot with significant upside potential. This well-positioned property offers ample space and flexibility, making it ideal for investors, developers, or owner-users seeking long-term growth. The oversized lot presents excellent potential for future expansion, redevelopment, or additional improvements (buyer to verify with local authorities). A gated, large detached garage at the rear of the property provides secure parking, storage, or possible ADU conversion potential. One or more units can be delivered vacant, offering immediate flexibility for owner occupancy or market-rate leasing. With strong rental potential and land value appreciation, this property combines stable income with future development possibilities. A rare opportunity to acquire a multi-unit property with land, flexibility, upside in one package.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1924
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 13
- Bathrooms: 10
Features
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 2,595
- Total interior livable area: 2,595 sqft
Property
Details
- Parcel number: 5057028030
- Special condition: Standard
Features
- Entry location: Harcourt front door
- Pool features: None
Lot
- Lot size: 10,538 sqft
- Features: 2-5 Units/Acre
Parking
- Total spaces: 8
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 8
- Covered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $174 | $2,088 |
| Property Taxes | $1,495 | $17,940 |
| Electricity | $556 | $6,677 |
| Total | $8,793 | $105,516 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $1,499,900 |
| 2026-02-21 | Price change | $1,800,000 |
| 2026-02-05 | Price change | $2,000,000 |
| 2025-06-24 | Price change | $1,499,000 |
| 2025-04-09 | Listed for sale | $2,495,000 |
| 2011-05-17 | Sold | $420,000 |
| 2011-02-28 | Sold | $408,947 |
| 2000-12-26 | Sold | $205,000 |
| 2000-02-24 | Sold | $205,000 |
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