Price Reduced $100,000 – Outstanding Investment Opportunity! 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 expansion. The building features three month-to-month tenants and one unit delivered vacant at close of escrow, making it perfect for an owner-occupant or value-add strategy. In addition, the garages and rear yard space will be delivered vacant, providing immediate flexibility for renovation, repositioning, or maximizing rental income. A rare chance to acquire a versatile multifamily asset in a high-demand Los Angeles location with large lot, ideal for those seeking scale, upside, and long-term value.
For sale
Listed by: Binesh Realty • Nick Binesh • Contact: 949-222-0234
Price cut: $100K (7/25)
$1,299,000
2949 S Harcourt Ave, Los Angeles, CA 90016
6beds
4baths
2,595sqft
:
Get pre-qualified$8,705/mo
Quadruplex
Built in 1924
-- sqft lot
$1,286,500 Zestimate®
$501/sqft
$-- HOA
What's special
- 169 days |
- 213 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Nick Binesh DRE #01708370 949-222-0234,
Binesh Realty
Source: CRMLS,MLS#: OC26121307
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,595
- Total interior livable area: 2,595 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered, Electric Gate, Garage, Gated, Oversized, One Space, See Remarks, Storage
- Garage spaces: 4
Features
- Entry location: Street
- Pool features: None
Lot
- Size: 10,538 Square Feet
- Features: 2-5 Units/Acre, Back Yard, Corner Lot
Details
- Parcel number: 5057028030
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $501/sqft
- Tax assessed value: $308,881
- Annual tax amount: $4,263
- Date on market: 6/3/2026
- Cumulative days on market: 169 days
- Listing terms: Contract
Estimated market value
$1,286,500
$1.22M - $1.35M
$3,390/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Price change | $1,299,000-7.1%$501/sqft |
Source:  CRMLS #OC26121307 Report a problem | ||
| 6/4/2026 | Price change | $1,399,000-6.7%$539/sqft |
Source: CRMLS #OC26121307 Report a problem | ||
| 6/24/2025 | Price change | $1,499,000-39.9%$578/sqft |
Source:  SDMLS #OC25115252 Report a problem | ||
| 4/9/2025 | Listed for sale | $2,495,000+494%$961/sqft |
Source: CRMLS #SB25076934 Report a problem | ||
| 5/17/2011 | Sold | $420,000+2.7%$162/sqft |
Source: Agent Provided Report a problem | ||
| 2/28/2011 | Sold | $408,947+99.5%$158/sqft |
Source: Agent Provided Report a problem | ||
| 12/26/2000 | Sold | $205,000$79/sqft |
Source: Public Record Report a problem | ||
| 2/24/2000 | Sold | $205,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,263 +1.3% | $308,881 +2% |
| 2024 | $4,210 +1.7% | $302,825 +2% |
| 2023 | $4,142 +4.2% | $296,888 +2% |
| 2022 | $3,974 +1.6% | $291,068 +2% |
| 2021 | $3,912 -0.8% | $285,362 +1% |
| 2020 | $3,943 | $282,437 +2% |
| 2019 | $3,943 +9.1% | $276,900 +2% |
| 2018 | $3,615 | $271,472 +2% |
| 2017 | $3,615 +2% | $266,150 +2% |
| 2016 | $3,544 +3% | $260,932 +1.5% |
| 2015 | $3,440 +0.2% | $257,014 +2% |
| 2014 | $3,433 | $251,980 +2.5% |
| 2012 | -- | $245,924 +2% |
| 2011 | -- | $241,103 +0.8% |
| 2010 | -- | $239,302 -0.2% |
| 2009 | -- | $239,872 +2% |
| 2008 | -- | $235,169 +2% |
| 2007 | -- | $230,558 +2% |
| 2006 | -- | $226,038 |
| 2005 | -- | $226,038 +4% |
| 2004 | -- | $217,263 +1.9% |
| 2003 | -- | $213,282 +2% |
| 2002 | -- | $209,100 +49.5% |
| 2000 | -- | $139,837 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Adams
Nearby schools
GreatSchools rating
- 8/10Virginia Road Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 0.4 mi
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