2621 Hillcrest Dr, Los Angeles, CA 90016
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2621 Hillcrest Dr Los Angeles, CA 90016

$840,000 Sold Price as of 07/28/2021
  • 5 Beds
  • 4 Baths
  • 2,289 Sq.Ft.
Sold
$840,000 Sold Price as of 07/28/2021 Refinance Your Mortgage

Map preview of 2621 Hillcrest Dr, Los Angeles, CA 90016

Property Overview: 2621 Hillcrest Dr Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,289 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great property for first time buyer or investors. Location! Close to freeways. Don't miss out on this great opportunity.

Listed by Kyung Mi Park | BRE #01424173 | HK Mega R.E. & Investment
Last checked: 15 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 723

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW19174528
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,167
  • Total Rent: $1,167
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,167
  • Total Rent: $1,167
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,008
  • Net Operating Income: $38,224
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,536
  • Trash: $0
  • Insurance: $1,528
  • Water/Sewer: $3,720

Property Details for 2621 Hillcrest Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Room Information
  • All Bedrooms Down
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Other
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5057006013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: SOUTH OF ADAMS/ CRENSHAW
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 2621 Hillcrest Dr

Last sold for $840,000 on July 28th, 2021
  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23305843

    $1,099,500

    Price

  • Aug 29, 2023

    Date

    Active

    CRMLS: 23305843

    $1,099,500

    Price

  • Listing provided courtesy of CRMLS

    OPPORTUNITY ZONE. RTI, SHOVEL READY. Presenting a fantastic investment chance in Los Angeles' West Adams neighborhood! A stunning new construction project with the extra bonus of Ready-To-Issue building permits, that features three large units, including two luxurious 5-bedroom, 5.5-bathroom homes and one spacious 3-bedroom, 3-bathroom ADU unit. This prime real estate is perfectly located in one of LA's hottest neighborhoods, making it a highly sought-after location for both renters and buyers alike. The project has been expertly designed and built with top-of-the-line materials and finishes, ensuring the highest level of quality and comfort for its residents. With an estimated income potential of close to $200,000 per year, this property represents an exceptional investment opportunity for those looking to capitalize on the thriving LA real estate market.

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: 23269615

    $1,100,000

    Price

  • May 11, 2023

    Date

    Active

    CRMLS: 23269615

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    OPPORTUNITY ZONE. RTI, SHOVEL READY. Presenting a fantastic investment chance in Los Angeles' West Adams neighborhood! A stunning new construction project with the extra bonus of Ready-To-Issue building permits, that features three large units, including two luxurious 5-bedroom, 5.5-bathroom homes and one spacious 3-bedroom, 3-bathroom ADU unit. This prime real estate is perfectly located in one of LA's hottest neighborhoods, making it a highly sought-after location for both renters and buyers alike. The project has been expertly designed and built with top-of-the-line materials and finishes, ensuring the highest level of quality and comfort for its residents. With an estimated income potential of close to $200,000 per year, this property represents an exceptional investment opportunity for those looking to capitalize on the thriving LA real estate market.

  • May, 2023

  • May 12, 2023

    Date

    Canceled

    CRMLS: 23248801

    $1,200,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: 23248801

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    OPPORTUNITY ZONE. RTI, SHOVEL READY. Presenting a fantastic investment chance in Los Angeles' West Adams neighborhood! A stunning new construction project with the extra bonus of Ready-To-Issue building permits, that features three large units, including two luxurious 5-bedroom, 5.5-bathroom homes and one spacious 3-bedroom, 3-bathroom ADU unit. This prime real estate is perfectly located in one of LA's hottest neighborhoods, making it a highly sought-after location for both renters and buyers alike. The project has been expertly designed and built with top-of-the-line materials and finishes, ensuring the highest level of quality and comfort for its residents. With an estimated income potential of close to $200,000 per year, this property represents an exceptional investment opportunity for those looking to capitalize on the thriving LA real estate market.

  • December, 2022

  • Dec 21, 2022

    Date

    Expired

    CRMLS: 22148909

    $1,075,000

    Price

  • Apr 21, 2022

    Date

    Active

    CRMLS: 22148909

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent value-add opportunity. Current rents substantially below market. Motivated seller! Ideal development opportunity for investors and owner/users. This three unit property is conveniently located in prime West Adams District , with proximity to the 10 Freeway. Please note that unit #3 is not permitted. Neither owner, broker nor listing agent is responsible for bed/bathroom count, square footage of the units or size of the lot. Please make your offers subject to the inspection of the property. See remarks for email information.

  • July, 2021

  • Jul 30, 2021

    Date

    Sold

    CRMLS: PW19174528

    $840,000

    Price

  • Jul 27, 2021

    Date

    Pending

    CRMLS: PW19174528

    $850,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: PW19174528

    $850,000

    Price

  • October, 2017

  • Oct 25, 2017

    Date

    Sold

    CRMLS: SR17120393

    $700,000

    Price

  • Sep 22, 2017

    Date

    Pending

    CRMLS: SR17120393

    $725,000

    Price

  • Sep 14, 2017

    Date

    Price Change

    CRMLS: SR17120393

    $725,000

    Price

  • Sep 5, 2017

    Date

    Active

    CRMLS: SR17120393

    $750,000

    Price

  • Sep 2, 2017

    Date

    Pending

    CRMLS: SR17120393

    $750,000

    Price

  • May 31, 2017

    Date

    Active

    CRMLS: SR17120393

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    ONE UNIT VACANT AT THE TIME TO COE Great property for first time buyer or investors do not disturb tenant make appointment with Listing agent each unit has a bonus room

  • October, 2017

  • Oct 24, 2017

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • July, 2003

  • Jul 2, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2621 Hillcrest Dr

Assessed Value (2020): $728,280
Year Land Value Improved Value Assessed Value
2020 $676,260 $52,020 $728,280

Home Value Compared to the Market

This property vs the competition

2621 Hillcrest Dr sold on July 28, 2021 for 28.57% lower 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 $371.34 per/sqft which puts the price per square foot 50.82% lower than the current median sale per square foot for the city of Los Angeles.

About 2621 Hillcrest Dr

Detailed summary of property

2621 Hillcrest Dr is a duplex that recently sold in Los Angeles, CA 90016. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,289 living square feet, and sits on an approximately 6,500 square foot lot. 2621 Hillcrest Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $840,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 1719 W 35th St, 1823 W Martin Luther King Jr Blvd and 3734 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 92 days, 2621 Hillcrest Dr has a days on market of 723 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 2621 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 2621 Hillcrest Dr

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,728
Lot Size
6,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5057-006-013

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%)

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Related Resources to 2621 Hillcrest Dr

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.