$1,300,000
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2824 Hillcrest Drive, Los Angeles, CA 90016

- Beds
0 Baths
5,548 Sq Ft

2824 Hillcrest Drive is a beautiful 4-plex in the heart of Mid City Los Angeles. Every unit in the complex is a large 2-bedroom, 1-bathroom and over 1000 square feet each. As you will see when you pull up to the property, it has a stunning Spanish style architecture, not like the common "bread and butter" properties you see on the market today. There are four large garages in the rear of the property which are currently used for storage, but could be used for parking for the tenants. Although the tenants are paying well below market rent, they have only been living in the building between 3-7 years. The asking price per square foot is only $234.32 and there is over 70% upside in the rents. Tremendous value-add opportunity. The building is fully occupied so PLEASE DO NOT DISTURB THE TENANTS!.

  • MLS# 19437636
  • Date Listed02/25/2019
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.16 acres (7,000 sq. ft)
  • County Los Angeles
  • Year Built 1927
  • Square Feet 5,548 sq. ft
  • Price Per Sq. Ft $234.32

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 7,000.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90016

Source: Walkscore

84/100

Very Walkable

Walk Score ®

52/100

Good Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

9 nearby routes: 8 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 76/100, Transit Score: 52/100, Bike Score: 59/100.

Property Change History

Price Per Square Foot increased from $216.29 to $234.32

Points of Interest near 2824 HILLCREST Drive, Los Angeles, CA 90016

Frequently Asked Questions for 2824 HILLCREST Drive

Source: Realty.com

2824 HILLCREST Drive, Los Angeles, CA 90016 is a , Residential Income property listed for $1,300,000 The property is 5548 sq. ft with - bedrooms and 0 bathrooms

Our records indicate that 2824 HILLCREST Drive was built in 1927.

The full address for this home is 2824 HILLCREST Drive, Los Angeles, CA 90016.

2824 HILLCREST Drive has been listed on Realty.com since Mon February 25, 2019

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 76/100, Transit Score: 52/100, Bike Score: 59/100.

There are 3 schools assigned to this home. Check out the schools near 2824 HILLCREST Drive. Virginia Road Elementary School (Grades: PK - 5), Stella Middle Charter Academy (Grades: 5 - 8), Susan Miller Dorsey Senior High School (Grades: 9 - 12)

Listing provided courtesy of: Peak Commercial (tel: 818-836-6717)
Listing agent: Chase Simonton (tel: 310-383-5927) (#CLW-X85641)

This content last refreshed on 2025-12-06 05:38:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 2824 HILLCREST Drive, Los Angeles, CA 90016 : MLS# 19437636