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New property listed in C16 - Mid Los Angeles

New property listed in C16 - Mid Los Angeles

I have listed a new property at 3446 Hillcrest Drive in Los Angeles. See details here

Fanstastic Building and Location. Single Homes going for much higher than this 4plex. Near Metro Express between Farmdale and La Brea Stops. Good opportunity for you to either live in or add to your portfolio. Building one is 3,064 sqft and it consist of 4 units FIRST FLOOR: (2 bed 1 bath - 1,042sqf) (1 bed 1 bath - 546 sqft) SECOND FLOOR: (2bd 1 bath - 930 sqft) (1 bed 1 bath - 546 sqft). Buidling two is 932 sqft and it consist of 2 X 2 car garages that are currently being split in between all 4 tenants. City of Los Angeles is under rent control with both Owner and Tenant rights. Please note that Owners may have rights to take over garages and convert them into ADU's (Additional Dwelling Units). This is an a TOC3 zone which means you can build with density bonus and little no parking required. Potential suitors should consult with professional and or the City directly to verify all information.