1974 Hillcrest Rd, Los Angeles, CA 90068
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1974 Hillcrest Rd Los Angeles, CA 90068

$3,295,000
  • 7 Beds
  • 10 Baths
  • 3,109 Sq.Ft.
For Sale
$3,295,000 Get Pre-Qualified

Map preview of 1974 Hillcrest Rd, Los Angeles, CA 90068

Property Overview: 1974 Hillcrest Rd Los Angeles, CA has 7 bedrooms, 10 bathrooms, 3,109 living square feet and 12,871 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Two Hollywood Hills homes on a nearly 1/3-acre street to street lot with spectacular panoramic views to iconic LA landmarks including Griffith Park Observatory, the Capital Records Building, the Hollywood sign, Yamashiro restaurant, sparking city lights, and the glistening ocean on the horizon. A unique urban oasis, this Hollywood Hills compound consisting of two distinct homes works perfectly as a family compound, a creative live / workspace, or a luxury rental. Beautifully updated, 1974 Hillcrest Rd & 2013 Glencoe Way offers a tranquil sanctuary nestled right in the heart of the city. You'll be enchanted by the meticulously maintained organic raised bed vegetable gardens with automated watering, abundant fruit trees including oranges, lemons, limes, and figs, and verdant lush landscaping in a private park-like setting. Excellent opportunity to further enhance this property with additional square footage and a pool & spa. The main house is an original Hollywood Hills Craftsman that has been thoughtfully restored offering captivating panoramic views. While maintaining the integrity of the original home, new life has been infused into the interior which is both spacious and cozy with coffered ceilings, original pocket doors, and floor to ceiling bookcases. Host gatherings fireside in the inviting living room while gazing at the views, read a book in the cozy sitting area, throw a large dinner party in the expansive dining room, or enjoy an al-fresco meal in the magical backyard under the pergola and stars. The well-equipped chef's kitchen with top-of-the-line appliances allows you to prepare delectable meals straight from the garden. The main house features 2-bedrooms (with the possibility to add another 2 or 3), including an ensuite primary and large walk-in closet. Nestled below is a charming 1-bedroom guest suite with its own private entrance, kitchen, and bathroom. This unit has consistently generated short-term rental income for the current owner and can also serve as ideal guest quarters or as an in-law suite. Additionally, a separate structure near the main house has been set up as a gym/workout room or as bonus storage space. The second home on the property built in 1979 delivers a mid-century vibe, flooded with natural light with stunning vaulted wood ceilings, a mid-century wood-burning fireplace, and unobstructed views to the Hollywood sign, Capital Records building, and the Griffith Park Observatory. This 1-bedroom, 2-bath house also houses a 4-car garage. Complete with its own address, private entrance, and outdoor patio area with more panoramic views, the seller currently generates considerable income as a short-term rental with no minimum stay requirements, but can also work perfectly as a creative workspace, or a private house for guests and extended family. Based on the lot size, the opportunity exists to further expand this house with the possible addition of two additional bedrooms & bathrooms. Fireplaces are considered decorative. Multiple updates and improvements too numerous to include will be provided upon request. This is a tranquil haven in the heart of Los Angeles that sets itself apart.

Listed by Alexandra Kerr | BRE #01911486 | Compass
Co-listed by Todd Henricks | BRE #01977512 | Compass
Last checked: 3 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
12,871
HOA Dues
$0/mo
Year built
--
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24365825
City
Los Angeles
County
Los Angeles
Time on Site
60 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1974 Hillcrest Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s), Coffered Ceiling(s), Crown Molding
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills
  • Total # of Units: 3
  • Parcel Number: UNAVAILABLE
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Franklin Ave, West of Highland Ave
View more facts & features

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Sale History for 1974 Hillcrest Rd

View property's historical transactions
  • March, 2024

  • Mar 18, 2024

    Date

    Active

    CRMLS: 24365825

    $3,295,000

    Price

Tax History for 1974 Hillcrest Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1974 Hillcrest Rd is listed 168.98% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1059.83 per/sqft which puts the price per square foot 36.93% higher than the median price per square foot for the city of Los Angeles.

About 1974 Hillcrest Rd

Detailed summary of property

1974 Hillcrest Rd is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers 7 bedrooms, 10 bathrooms, roughly 3,109 living square feet, and sits on an approximately 12,871 square foot lot. 1974 Hillcrest Rd was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $3,295,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 168.98% higher than the median priced home. Local competing homes currently for sale include 444 N Lucerne Blvd, 648 N Hayworth Ave and 434 N Ogden Dr. While the average home in Los Angeles, CA is selling in 96 days, 1974 Hillcrest Rd has a days on market of 48 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1974 Hillcrest Rd Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1974 Hillcrest Rd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$877
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
157
Median Sale to List Price %
112%
Avg Days on Market
31
Loan Type
Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), Other (0%)

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Related Resources to 1974 Hillcrest Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.