24
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$1,150,000
Est. payment /mo
6 Beds
5 Baths
5,657 Sqft Lot
Active
3446 Hillcrest Drive Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26068736
Bedrooms 6
Lot Size 5,657 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
In a neighborhood where single-family homes are regularly selling between $1.2M and $1.6M, this exceptional 4-unit property in West Adams presents a rare opportunity at a significantly lower price point. Ideally located directly across from the Metro and just minutes from everything Los Angeles has to offer, this property combines convenience with strong investment potential. The property currently features three occupied units generating $4,168.17 in monthly income, along with a fully remodeled vacant unit with an estimated rental value of $2,100 per month, bringing the projected total income to approximately $6,268.17. Adding even more appeal, the property includes a separate structure with four garage spaces a prime value-add opportunity for conversion into ADUs, something savvy investors are always looking for. Whether youre a seasoned investor seeking a value-add opportunity in the desirable 90016 zip code, or someone looking for a manageable multi-unit property with excellent upside, this property checks all the boxes. It also offers a great option for first-time buyers: live in the vacant unit while generating income from the others. With nearby single-family homes commanding $1.2M$1.6M, this 4-unit property stands out as an exceptional deal. Dont miss your chance to own a true gem in one of Los Angeles most sought-after areas.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of Exposition and Hillcrest
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5046007025
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Eduardo Negrete, DRE#01482232 ehomes
NEARBY SCHOOL & BUSINESS
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