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3442 Hillcrest Dr, Los Angeles, CA 90016
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3442 Hillcrest Dr Los Angeles, CA 90016

$1,050,000 Sold Price as of 08/28/2023
  • 6 Beds
  • 3 Baths
  • 2,529 Sq.Ft.
Sold
$1,050,000 Sold Price as of 08/28/2023 Refinance Your Mortgage
Map preview of 3442 Hillcrest Dr, Los Angeles, CA 90016

Property Overview: 3442 Hillcrest Dr Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,529 living square feet and 9,863 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors! Triplex on nearly 10,000 Sq. Ft. Lot, Zoned LAR2. Large Brand New Developments being built in the area. Co-living/ Roommate style living fits today's high demand for housing throughout LA. Located in Up & Coming area w/ in short distance to LAX & major Fwys. Or upgrade units, convert garage to ADU & maximize rents. Consists of 3 units, 2 Beds 1 Bath each. Being sold in As-Is Condition. Buyers and buyers agents to do own diligence. Seller has not occupied property, makes no guarantees or warranties of any kind. Please do NOT disturb tenants.

Listed by Norma Barajas | BRE #01459978 | eXp Realty of California Inc
Last checked: 14 minutes ago | Last updated: August 28th, 2023 | Source CRMLS | DOM: 127

Home details

Lot Sq. Ft
9,863
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23260167
City
Los Angeles
County
Los Angeles
Time on Site
395 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $785
  • Total Rent: $785
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 40.5
  • Gross Scheduled Income: --
  • Net Operating Income: $32,650
  • Gross Operating Income: $33,300
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3442 Hillcrest Dr

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Wood, Laminate
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator, Oven
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway - Combination, Shared Driveway, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5046007017
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: 10 Fwy to Crenshaw, turn on Hillcrest, from Jefferson or Exposition.
View more facts & features

Local Los Angeles Agent

Sale History for 3442 Hillcrest Dr

Last sold for $1,050,000 on August 28th, 2023

  • August, 2023

  • Aug 28, 2023

    Date

    Sold

    CRMLS: 23260167

    $1,050,000

    Price

  • Apr 13, 2023

    Date

    Active

    CRMLS: 23260167

    $1,250,000

    Price

  • April, 2023

  • Apr 25, 2023

    Date

    Canceled

    CRMLS: 22210185

    $1,250,000

    Price

  • Oct 25, 2022

    Date

    Active

    CRMLS: 22210185

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Investors! Triplex on nearly 10,000 Sq. Ft. Lot, Zoned LAR2. Large Brand New Developments being built in the area. Co-living/ Roommate style living fits today's high demand for housing throughout Los Angeles. Centrally located in Up & Coming area w/ in short distance to LAX & major Frwys. Or upgrade units, convert garage to ADU & maximize rents. Consists of 3 units, 2 Beds 1 Bath each. Being sold in As-Is Condition. Buyers and buyers agents to do own diligence. Seller has not occupied property, makes no guarantees or warranties of any kind.

  • January, 1996

  • Jan 18, 1996

    Date

    Sold (Public Records)

    Public Records

    $156,000

    Price

Show More

Tax History for 3442 Hillcrest Dr

Assessed Value (2020): $236,942
Year Land Value Improved Value Assessed Value
2020 $121,510 $115,432 $236,942

Home Value Compared to the Market

This property vs the competition

3442 Hillcrest Dr sold on August 28, 2023 for 3.36% 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 $454.73 per/sqft which puts the price per square foot 39.77% lower than the current median sale per square foot for the city of Los Angeles.

About 3442 Hillcrest Dr

Detailed summary of property

3442 Hillcrest Dr is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,529 living square feet, and sits on an approximately 9,863 square foot lot. 3442 Hillcrest Dr was first listed on ArdentRealEstateGroup.com on April 14, 2023. The homeowner sold the property for $1,050,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 2701 S Cloverdale Ave, 5346 Smiley Dr and 2609 W 30th St. While the average home in Los Angeles, CA is selling in 93 days, 3442 Hillcrest Dr has a days on market of 127 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3442 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 3442 Hillcrest Dr

Public county record property details
Beds
6
Baths
3
Year built
1951
Sq. Ft.
2,529
Lot Size
9,863
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
181
APN
5046-007-017

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
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
77
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?

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(714) 706-1823

Homes for Sale Near 3442 Hillcrest Dr

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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.

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