Los Angeles, CA 90008,3950 Hillcrest Dr
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Los Angeles, CA 90008,3950 Hillcrest Dr
Los Angeles, CA 90008,3950 Hillcrest Dr
Los Angeles, CA 90008,3950 Hillcrest Dr
Los Angeles, CA 90008,3950 Hillcrest Dr
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$ 2,600,000
Est. payment /mo
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3950 Hillcrest Dr Los Angeles, CA 90008

14 Beds

16 Baths

10,359 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,359 sqft

Price per Sqft $250

MLS Listing ID 25564181

Bedrooms 14

Year Built 1955

Lot Size 10,204 Sqft

Acres 0.2343

Property Sub-Type Multi-Family

Property Description

First time on the market in decades. 16-unit value-add opportunity in Baldwin Hills. All 1-bedroom units with a clean layout, gated parking, and separately metered utilities. Currently operating at a 5.6% cap rate with significant upside, pro forma cap over 9.5%. Rents are approx. 44% below market. One unit delivered vacant at close. Excellent location at the nexus of Baldwin Hills, Culver City, and Inglewood strong rental demand and long-term appreciation. .

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Window Unit(s)

Equipment Ceiling Fan

Exterior

Parking Features Gated, Covered Parking

Garage Spaces 14.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Fred Leeds Asset Group Inc.

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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