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$1250000   Price Analysis
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3446 Hillcrest Dr
Los Angeles, CA 90016
24 bed 16 bath 3064 SqFt ($407/SqFt)
5657SqFt lot. Built 1955
Listed 2024-07-05, Taxes $8067
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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 nte 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.


Presented by Eduardo Negrete at
ehomes.


Property MLS #DW24137779 from CRMLS

Bedrooms: 24

Full Bathrooms: 16

Lot Description: 0-1 Unit/Acre, Corner Lot
Lot Size Acres: 0.1298669
Lot Size Source: Assessor
Lot Size Square Feet: 5657

Garage Spaces: 4
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 6
Total Bathrooms in Unit-1: 4
Unit-1 Garage Spaces: 4

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2900.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5046007025
Postal Code Plus 4: 4132
Trash Expense: 3600.00
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$195669 + $444827
$640496
$8067
2021$191833 + $436105
$627938
$7950
2020$189866 + $431634
$621500
$8024
2019$186144 + $423171
$609315
$7716
2018$182495 + $414874
$597369
$7608
2017$178917 + $406740
$585657
$7448
2016$175409 + $398765
$574174
$7255
2015$172775 + $392776
$565551
$7152
2014$169391 + $385083
$554474
$7199
2013$168626 + $383343
$551969
$7192
2012$165320 + $375827
$541147
$7262
2010$162079 + $368458
$530537
$9192
2009$212241 + $477543
$689784
$8815
2009$211737 + $476411
$688148
$8815
2008$208080 + $468180
$676260
$8443
2007$204000 + $459000
$663000
$8164

Listed 2024-07-05
$1250000
CRMLS
Sold 2006-02-16
$650000
ITECH
Listed 2005-12-08
$650000
ITECH

Net Operating Income: 3600.00

Total Square Feet Living: 3064
Year Built: 1955
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Hillcrest Dr (1st and 2nd floor)
Property Age: 69
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 5000.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2500.00
Water Source: Public

Susan Miller Dorsey Senior High School is a public high school located approximately 0.2 miles away.
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Virginia Road Elementary School is a public elementary school located approximately 0.3 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 1.6 miles away.
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West Angeles Christian Academy is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.