Search
2617 Hillcrest Dr, Los Angeles, CA 90016
View Photos

2617 Hillcrest Dr Los Angeles, CA 90016

$1,270,000 Sold Price as of 03/03/2021
  • 5 Beds
  • 6 Baths
  • 2,629 Sq.Ft.
Sold
$1,270,000 Sold Price as of 03/03/2021 Refinance Your Mortgage
Map preview of 2617 Hillcrest Dr, Los Angeles, CA 90016

Property Overview: 2617 Hillcrest Dr Los Angeles, CA has 5 bedrooms, 6 bathrooms, 2,629 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a four (4) unit apartment building located at 2617 Hillcrest Drive in Los Angeles, California. The subject property is located in a good West Adams location, north of West Jefferson Boulevard and west of Crenshaw Boulevard.Built in 1923, this offering contains a great unit mix of one (1) studio/one-bathroom unit, one (1) one-bedroom/one-bathroom unit, one (1) two-bedroom/two-bathroom unit, and one (1) two-bedroom/two-bathroom bungalow unit. These units were recently remodeled with new hardwood floors, tile, cabinets, fresh paint, and updated bathrooms and kitchens. Each unit comes fully equipped with a refrigerator, gas range, garbage disposal, wall heaters, wall A/C units, energy efficient fixtures, and separate water heaters. Two (2) of the units have washer/dryers installed, the other two (2) units have washer/dryer hook ups ready for installation.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
20653464
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.97
  • Gross Scheduled Income: --
  • Net Operating Income: $72,771
  • Gross Operating Income: $97,194
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2617 Hillcrest Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Range, Built-In
Interior Features
  • Window Features: Double Pane Windows
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: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Single Door, Tandem Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5057006012
Location / Neighborhood
Location Information
  • Directions: The subject property is located north of West Jefferson Boulevard and west of Crenshaw Boulevard.
View more facts & features

Local Los Angeles Agent

Sale History for 2617 Hillcrest Dr

Last sold for $1,270,000 on March 3rd, 2021

  • March, 2021

  • Mar 3, 2021

    Date

    Sold

    CRMLS: 20653464

    $1,270,000

    Price

  • Jan 25, 2021

    Date

    Active Under Contract

    CRMLS: 20653464

    $1,300,000

    Price

  • Jan 16, 2021

    Date

    Price Change

    CRMLS: 20653464

    $1,300,000

    Price

  • Dec 17, 2020

    Date

    Withdrawn

    CRMLS: 20653464

    $1,350,000

    Price

  • Dec 17, 2020

    Date

    Active

    CRMLS: 20653464

    $1,350,000

    Price

  • Dec 11, 2020

    Date

    Active Under Contract

    CRMLS: 20653464

    $1,350,000

    Price

  • Dec 4, 2020

    Date

    Price Change

    CRMLS: 20653464

    $1,350,000

    Price

  • Nov 9, 2020

    Date

    Price Change

    CRMLS: 20653464

    $1,400,000

    Price

  • Oct 29, 2020

    Date

    Active

    CRMLS: 20653464

    $1,475,000

    Price

  • August, 2018

  • Aug 16, 2018

    Date

    Sold

    CRMLS: 18350958

    $1,425,000

    Price

  • Jun 23, 2018

    Date

    Pending

    CRMLS: 18350958

    $1,349,000

    Price

  • Jun 5, 2018

    Date

    Active

    CRMLS: 18350958

    $1,349,000

    Price

  • Listing provided courtesy of CRMLS

    CALL FOR OFFERS!! 6/18/2018 @6PM. The Hillcrest Four is a magnificent 4 unit complex located in bustling West Adams. The excellent unit mix of (2) two bedroom/two bath, (1) one-bedroom/one bath and (1) Spacious Studio make the property a terrific option for Owner-Users, Vacation Rental Operators and savvy investors. Each unit has been completely renovated with upgraded windows, flooring, recessed lighting, W/D hookups, custom cabinetry, and new A/C units, and an upgraded electrical system. The exterior has been freshly painted and repurposed to allow for private entries and patios. The property features private, newly landscaped yards surrounded by custom fencing, as well as parking for 7, with 2 large driveways and 3 one-car Garages. The property is just minutes from Culver City, Miracle Mile and Beverly-Grove and their shopping and employment destinations. Just a short trip to the Metro Stops on Jefferson, Vees Cafe, CrossFit, Delicious Pizza & Normandie French Cafe.

  • August, 2018

  • Aug 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,425,000

    Price

  • April, 2018

  • Apr 12, 2018

    Date

    Sold

    CRMLS: 17287416

    $940,000

    Price

  • Nov 30, 2017

    Date

    Pending

    CRMLS: 17287416

    $999,000

    Price

  • Nov 13, 2017

    Date

    Active

    CRMLS: 17287416

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    100% VACANT! Fabulous Four-Plex compound, situated on a quiet, tree lined street. The property is located in West Adams, one of Los Angeles' most rapidly gentrifying neighborhoods, and in walking distance to the Metro Expo Line stops on Jefferson Blvd. Both Adams Blvd and Jefferson Blvd have added new retail venues for the transitioning tenant base, including CrossFit, Vees Cafe (organic coffee shop), Normandie French Cafe & Delicious Pizza. The unit mix includes one Studio; one One-Bedroom; one Two-bedroom/One-Bathroom, and a Free-Standing Two-Bedroom/One-Bathroom Home - Perfect for an Owner-User. Opportunity to create private patios for the tenants. Units are separately metered for utilities, keeping Landlord expenses LOW. Rents are projections for Post Renovation Value. Expenses are projections. Property is a fixer, needs work and is being sold As-Is. Property to be delivered FULLY VACANT! Call for offers to be Wednesday, November 22nd at 5pm.

  • February, 2018

  • Feb 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $940,000

    Price

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: 17287102

    $999,000

    Price

  • Nov 6, 2017

    Date

    Withdrawn

    CRMLS: 17287102

    $999,000

    Price

  • Nov 6, 2017

    Date

    Active

    CRMLS: 17287102

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    100% VACANT! Fabulous Four-Plex compound, situated on a quiet, tree lined street. The property is located in West Adams, one of Los Angeles' most rapidly gentrifying neighborhoods, and in walking distance to the Metro Expo Line stops on Jefferson Blvd. Both Adams Blvd and Jefferson Blvd have added new retail venues for the transitioning tenant base, including CrossFit, Vees Cafe (organic coffee shop), Normandie French Cafe & Delicious Pizza. The unit mix includes one Studio; one One-Bedroom; one Two-bedroom/One-Bathroom, and a Free-Standing Two-Bedroom/One-Bathroom Home - Perfect for an Owner-User. Opportunity to create private patios for the tenants. Units are separately metered for utilities, keeping Landlord expenses LOW. Rents are projections for Post Renovation Value. Expenses are projections. Property is a fixer, needs work and is being sold As-Is. Property to be delivered FULLY VACANT!

  • November, 2017

  • Nov 1, 2017

    Date

    Sold

    CRMLS: 17200504

    $790,000

    Price

  • Sep 15, 2017

    Date

    Active Under Contract

    CRMLS: 17200504

    $805,000

    Price

  • Sep 11, 2017

    Date

    Pending

    CRMLS: 17200504

    $805,000

    Price

  • Sep 8, 2017

    Date

    Active

    CRMLS: 17200504

    $805,000

    Price

  • Aug 28, 2017

    Date

    Active Under Contract

    CRMLS: 17200504

    $805,000

    Price

  • Aug 14, 2017

    Date

    Active

    CRMLS: 17200504

    $805,000

    Price

  • Jul 11, 2017

    Date

    Active Under Contract

    CRMLS: 17200504

    $805,000

    Price

  • Jun 26, 2017

    Date

    Active

    CRMLS: 17200504

    $805,000

    Price

  • Jun 22, 2017

    Date

    Hold

    CRMLS: 17200504

    $805,000

    Price

  • Feb 9, 2017

    Date

    Active

    CRMLS: 17200504

    $805,000

    Price

  • Listing provided courtesy of CRMLS

    This Mid-City area is developing and heating up fast. Value-add project to get rents to market. A lot of room for improvement. Front 2Bdr, 1Bth unit has been recently updated. All units have separate front & rear entrance. 3-car garage with direct access to alley. Walking distance to newly developed Baldwin Hills/Crenshaw Plaza. Minutes to DTLA, Westside, and new Metro Link. PLEASE SEE THE ATTACHED MARKETING PACKAGE FOR INTERIOR PHOTOS!

Show More

Tax History for 2617 Hillcrest Dr

Assessed Value (2020): $1,453,500
Year Land Value Improved Value Assessed Value
2020 $1,086,300 $367,200 $1,453,500

Home Value Compared to the Market

This property vs the competition

2617 Hillcrest Dr sold on March 3, 2021 for 9.24% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $494.48 per/sqft which puts the price per square foot 34.51% lower than the current median sale per square foot for the city of Los Angeles.

About 2617 Hillcrest Dr

Detailed summary of property

2617 Hillcrest Dr is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 6 bathrooms, roughly 2,629 living square feet, and sits on an approximately 6,501 square foot lot. 2617 Hillcrest Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,270,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.24% higher than the current median priced home. Local homes that are currently for sale include 1637 S Highland Ave, 4516 St Charles Pl and 1504 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 92 days, 2617 Hillcrest Dr has a days on market of 58 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2617 Hillcrest Dr Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2617 Hillcrest Dr

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
2,629
Lot Size
6,501
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5057-006-012

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2617 Hillcrest Dr

Nearby Homes for Sale

3809 W 30th St, Los Angeles, CA 90016
$1,350,000
13 Beds
10 Baths
5213 Sq.Ft.
3809 W 30th St
Los Angeles, CA 90016
4840 Mascot St, Los Angeles, CA 90019
$1,099,000
8 Beds
4 Baths
2600 Sq.Ft.
4840 Mascot St
Los Angeles, CA 90019
Open Today 1pm-4pm
3019 S Palm Grove Ave, Los Angeles, CA 90016
$1,349,000
5 Beds
4 Baths
2107 Sq.Ft.
3019 S Palm Grove Ave
Los Angeles, CA 90016
4723 Pickford St, Los Angeles, CA 90019
$1,497,000
4 Beds
4 Baths
2476 Sq.Ft.
4723 Pickford St
Los Angeles, CA 90019
2546 S Bronson Ave, Los Angeles, CA 90018
$1,250,000
5 Beds
4 Baths
3207 Sq.Ft.
2546 S Bronson Ave
Los Angeles, CA 90018
2546 S Bronson Ave, Los Angeles, CA 90018
$1,250,000
5 Beds
4 Baths
3207 Sq.Ft.
2546 S Bronson Ave
Los Angeles, CA 90018
2530 S Sycamore Ave, Los Angeles, CA 90016
$1,200,000
7 Beds
5 Baths
3430 Sq.Ft.
2530 S Sycamore Ave
Los Angeles, CA 90016
2314 Crenshaw Blvd, Los Angeles, CA 90016
$1,500,000
20 Beds
10 Baths
5184 Sq.Ft.
2314 Crenshaw Blvd
Los Angeles, CA 90016
2747 S Mansfield Ave, Los Angeles, CA 90016
$1,395,000
4 Beds
4 Baths
2630 Sq.Ft.
2747 S Mansfield Ave
Los Angeles, CA 90016
3008 S West View St, Los Angeles, CA 90016
$1,100,000
4 Beds
2 Baths
2210 Sq.Ft.
3008 S West View St
Los Angeles, CA 90016
2720 S Sycamore Ave, Los Angeles, CA 90016
$1,300,000
8 Beds
5 Baths
2600 Sq.Ft.
2720 S Sycamore Ave
Los Angeles, CA 90016
1814 S Sycamore Ave, Los Angeles, CA 90019
$1,300,000
8 Beds
4 Baths
3376 Sq.Ft.
1814 S Sycamore Ave
Los Angeles, CA 90019

Recently Sold Homes Near 2617 Hillcrest Dr

2621 Hillcrest Dr, Los Angeles, CA 90016
$840,000 Last Sold Price
5 Beds
4 Baths
2289 Sq.Ft.
2621 Hillcrest Dr
Los Angeles, CA 90016
2611 Vineyard Ave, Los Angeles, CA 90016
$945,000 Last Sold Price
6 Beds
4 Baths
2888 Sq.Ft.
2611 Vineyard Ave
Los Angeles, CA 90016
2628 Vineyard Ave, Los Angeles, CA 90016
$1,550,000 Last Sold Price
9 Beds
5 Baths
2885 Sq.Ft.
2628 Vineyard Ave
Los Angeles, CA 90016
2500 Lucerne Ave, Los Angeles, CA 90016
$765,000 Last Sold Price
2 Beds
2 Baths
1656 Sq.Ft.
2500 Lucerne Ave
Los Angeles, CA 90016

Related Resources to 2617 Hillcrest Dr

New Listings in 90016
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote