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Three-Residence Gated Multifamily Property
New
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 Market4

Property Features for 848 N Harper Ave

General Information

Standard status Active
Size 4,267 SF
Property subtype MULTI_FAMILY

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: Sep 9 Last Checked: Sep 10 at 7:01AM

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

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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Current Use

Multifamily properties

Suggested Use

Top Pick Adult Day Care Daycare Center Butcher Fish Market (Bike/Boat/Book/etc) Store Farmer's Market

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

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
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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
More about this property
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