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3446 Hillcrest Dr, Los Angeles, CA 90016
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3446 Hillcrest Dr Los Angeles, CA 90016

$1,150,000
  • 13 Beds
  • 10.25 Baths
  • 3,064 Sq.Ft.
For Sale
$1,150,000 Get Pre-Qualified
Map preview of 3446 Hillcrest Dr, Los Angeles, CA 90016

Property Overview: 3446 Hillcrest Dr Los Angeles, CA has 13 bedrooms, 10.25 bathrooms, 3,064 living square feet and 5,657 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: Fanstastic Building and Location. Single Homes going for much higher than this 4plex. Near Metro Express between Farmdale and La Brea Stops. Good opportunity for you to either live in or add to your portfolio. Building one is 3,064 sqft and it consist of 4 units FIRST FLOOR: (2 bed 1 bath - 1,042sqf) (1 bed 1 bath - 546 sqft) SECOND FLOOR: (2bd 1 bath - 930 sqft) (1 bed 1 bath - 546 sqft). Buidling two is 932 sqft and it consist of 2 X 2 car garages that are currently being split in between all 4 tenants. City of Los Angeles is under rent control with both Owner and Tenant rights. Please note that Owners may have rights to take over garages and convert them into ADU's (Additional Dwelling Units). This is an a TOC3 zone which means you can build with density bonus and little no parking required. Potential suitors should consult with professional and or the City directly to verify all information.

Listed by Eduardo Negrete | BRE #01482232 | ehomes
Last checked: 2 minutes ago | Last updated: September 10th, 2024 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
5,657
HOA Dues
$0/mo
Year built
1955
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
DW24137779
City
Los Angeles
County
Los Angeles
Time on Site
75 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $805
  • Total Rent: $805
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,297
  • Total Rent: $1,297
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $402
  • Total Rent: $402
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,100
  • Net Operating Income: $3,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $500
  • Electric: $5,000
  • Gas/Fuel: $0
  • Trash: $3,600
  • Insurance: $2,900
  • Water/Sewer: $2,500

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Property Details for 3446 Hillcrest Dr

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
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 Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5046007025
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Exposition and Hillcrest
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 3446 Hillcrest Dr

Last sold for $650,000 on February 16th, 2006

  • July, 2024

  • Jul 5, 2024

    Date

    Active

    CRMLS: DW24137779

    $1,250,000

    Price

  • February, 2006

  • Feb 16, 2006

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • September, 1998

  • Sep 4, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3446 Hillcrest Dr

Assessed Value (2020): $621,500
Year Land Value Improved Value Assessed Value
2020 $431,634 $189,866 $621,500

Home Value Compared to the Market

This property vs the competition

3446 Hillcrest Dr is listed 4.17% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $375.33 per/sqft which puts the price per square foot 51.13% lower than the median price per square foot for the city of Los Angeles.

About 3446 Hillcrest Dr

Detailed summary of property

3446 Hillcrest Dr is a fourplex located in Los Angeles, CA 90016 and is currently for sale. This fourplex offers 13 bedrooms, 10.25 bathrooms, roughly 3,064 living square feet, and sits on an approximately 5,657 square foot lot. 3446 Hillcrest Dr was first listed on ArdentRealEstateGroup.com on July 5, 2024. The homeowner is currently asking $1,150,000 and was originally asking $1,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.17% lower than the median priced home. Local competing homes currently for sale include 2524 S Sycamore Ave, 2530 S Sycamore Ave and 3023-3025 Obama Blvd. While the average home in Los Angeles, CA is selling in 106 days, 3446 Hillcrest Dr has a days on market of 76 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3446 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 3446 Hillcrest Dr

Public county record property details
Beds
--
Baths
--
Year built
1955
Sq. Ft.
3,064
Lot Size
5,656
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
189
APN
5046-007-025

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
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Recently Sold Homes Near 3446 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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