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Four Units on Large Lot
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2949 S Harcourt, Los Angeles, CA 90016

Investment opportunity with four units on a 10,538 sq ft lot.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market196

Property Features for 2949 S Harcourt

General Information

Standard status Active
Lot size 0.24 Acres
Property subtype Multifamily
Zoning LAR2
Listing Agency: RE/MAX TerraSol
Listed By: Sam Beshara · License #02094495
Source: Crexi
Added: Feb 2 Changed: Aug 8 Last Checked: Jul 16 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX TerraSol

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with four units situated on a 10,538 sq ft lot. The property offers space and flexibility, suitable for investors, developers, or owner-users seeking long-term growth. The lot offers potential for future expansion, redevelopment, or additional improvements, with verification by the buyer required from 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 flexibility for owner occupancy or market-rate leasing. The property combines income with future development possibilities.

Key Highlights

  • Four units on a large 10,538 sq ft lot offering significant upside potential.
  • One or more units can be delivered vacant for immediate occupancy or market‑rate leasing.
  • Oversized lot allows for future expansion, redevelopment, or additional improvements (buyer to verify).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,165
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Investment opportunity with four units on a 10,538 sq ft lot.
Where is this quadplex located?
The property is located at 2949 S Harcourt Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four units on a large 10,538 sq ft lot offering significant upside potential.; One or more units can be delivered vacant for immediate occupancy or market‑rate leasing.; Oversized lot allows for future expansion, redevelopment, or additional improvements (buyer to verify).
(714) 737-1428 Call to check price and availability
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