3446 Hillcrest Drive
C16 - Mid Los Angeles Los Angeles 90016

$1,039,000
Residential Income built: 1955

The view from the corner of Exposition and Hillcrest
Photo 1: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
Photo 2: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
Photo 3: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
Photo 4: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
DW24137779
Year Built:
1955
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.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
5,657 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1955 (Age: 69)
General Listing Location:
Los Angeles, C16 - Mid Los Angeles
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$4,100
Gross Scheduled Income:
$4,100
Net Operating Income:
$3,600
Rent Control:
Yes
Association Fee:
$0
Land Lease:
No
Electric Expense:
$5,000
Fuel Expense:
$0
Insurance Expense:
$2,900
Operating Expense:
$500
Trash Expense:
$3,600
Water and Sewer Expense:
$2,500
Tax Lot:
189
Corner of Exposition and Hillcrest
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
Community Features:
Street Lights, Suburban, Sidewalks
Senior Community:
No
Laundry Features:
See Remarks
Pool Features:
None
Private Pool:
No
Lot Features:
Corner Lot, 0-1 Unit/Acre
Num Stories:
2
Entry Level:
1
Entry Location:
Hillcrest Dr (1st and 2nd floor)
New Constr.:
No
Common Walls:
1 Common Wall
# Units:
4
Water supply:
Public
Sewer:
Public Sewer
Garage Spaces:
4
Total Parking Spaces:
4
Special Listing Conditions:
Standard
Parcel Number:
5046007025
Zoning:
LAR3
  • Photo 1: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
    The view from the corner of Exposition and Hillcrest
  • Photo 2: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
    Photo 2 of 4
  • Photo 3: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
    Photo 3 of 4
  • Photo 4: 3446 Hillcrest Drive in Los Angeles: Residential Income for sale (C16 - Mid Los Angeles) : MLS®# DW24137779
    Photo 4 of 4
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Data was last updated November 15, 2024 at 02:40 PM (UTC)
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Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2024 at 02:40 PM (UTC) and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.