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Three-Residence Gated Multifamily Property
For Sale
$3,995,000

848 N Harper Ave, Los Angeles, CA 90046

Three separate residences combine historic architecture, contemporary design, private outdoor amenities, and flexible owner-occupant or rental use.

Property Size4,267 SF
Price / SF$936.25
Days on Market49

Property Features for 848 N Harper Ave

General Information

Standard status Active
Size 4,267 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Beverly Grove

Additional Details

Multifamily Units 3

Amenities

gated
private roof deck
fire pit
outdoor kitchen
spa
shower
built-in audio

Building Details

Building Size 4,267 SF
Year Built 1938
Buildings 2
Listing Agency: Sotheby's International Realty
Listed By: Marc Noah · License #01269495
Source: Carolinakramer
Added: Sep 8 Changed: Oct 25 Last Checked: Oct 24 at 9:53PM

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 Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This gated multifamily property includes three residences on one lot at 848 N Harper Ave in Los Angeles. Two units occupy a 1938 Spanish hacienda, each offering a single-level layout with 2 bedrooms, 2 baths, and roughly 1,500 SF. Their period detailing remains in place, while the systems and finishes have been updated. Both residences feature Sub-Zero and Wolf appliances.

The detached third residence was completed in 2017 and spans two levels, with custom metalwork, millwork, stone finishes, French white oak flooring, and a kitchen equipped with Sub-Zero, Gaggenau, and Miele appliances. Its private roof deck includes Ipe decking, a fire pit, outdoor kitchen, spa, shower, and built-in audio, along with city and hillside views. The property contains 4,267 SF and is located in the Melrose Place neighborhood.

Key Highlights

  • Three residences on one gated lot at 848 N Harper Ave, Los Angeles, CA 90046
  • 4,267 SF multifamily property with flexible occupancy across three separate residences
  • 1938 Spanish hacienda contains two single‑level residences, each with 2 bedrooms and 2 baths

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,454
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three separate residences combine historic architecture, contemporary design, private outdoor amenities, and flexible owner-occupant or rental use.
Where is this multifamily property located?
The property is located at 848 N Harper Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Three residences on one gated lot at 848 N Harper Ave, Los Angeles, CA 90046; 4,267 SF multifamily property with flexible occupancy across three separate residences; 1938 Spanish hacienda contains two single‑level residences, each with 2 bedrooms and 2 baths
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