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Courtesy of: Peak Commercial, Chase Simonton
Listing Sold By: Keller Williams-Santa Monica
Local Realty Services Provided By: Keller Williams Realty Larchmont
/ 2824 Hillcrest Dr
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/ 2824 Hillcrest Dr
2824 Hillcrest Dr, Los Angeles, CA 90016
sq ft
/ 2824 Hillcrest Dr

2824 Hillcrest Dr, Los Angeles, CA 90016

Estimation provided by Keller Williams Realty, LLC.
sq ft
Sold
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Open House:
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Property Description

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!.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1927
Days on Site
1,705 Days
Parking
4 Parking Spaces
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Activity History

VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

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Credit Score
Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
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