3446 Hillcrest Dr Los Angeles, CA 90016
West Adams NeighborhoodEstimated payment $7,125/month
Total Views
4,583
6
Beds
5
Baths
3,064
Sq Ft
$375
Price per Sq Ft
Highlights
- Corner Lot
- 4-minute walk to Farmdale
- Laundry Room
- No HOA
About This Home
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 zoned TOC3 which means you can build with density bonus with little to no parking will be required. Potential suitors should consult with professional and or the City directly to verify all information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,612
Year Built
- Built in 1955
Lot Details
- 5,657 Sq Ft Lot
- 1 Common Wall
- Corner Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,064 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 189
- Tax Tract Number 7823
- Assessor Parcel Number 5046007025
- $616 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $5,000
- Insurance Expense $2,900
- Trash Expense $3,600
- Water Sewer Expense $2,500
- Operating Expense $14,000
- Gross Income $4,100
- Net Operating Income $3,600
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,612 | $666,370 | $462,797 | $203,573 |
| 2023 | $8,452 | $653,305 | $453,723 | $199,582 |
| 2022 | $8,068 | $640,496 | $444,827 | $195,669 |
| 2021 | $7,951 | $627,938 | $436,105 | $191,833 |
| 2020 | $8,024 | $621,500 | $431,634 | $189,866 |
| 2019 | $7,717 | $609,315 | $423,171 | $186,144 |
| 2018 | $7,609 | $597,369 | $414,874 | $182,495 |
| 2016 | $7,256 | $574,174 | $398,765 | $175,409 |
| 2015 | $7,153 | $565,551 | $392,776 | $172,775 |
| 2014 | $7,199 | $554,474 | $385,083 | $169,391 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | For Sale | $1,150,000 | 0.0% | $375 / Sq Ft |
| 12/02/2024 12/02/24 | Off Market | $1,150,000 | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $1,150,000 | +10.7% | $375 / Sq Ft |
| 10/07/2024 10/07/24 | Price Changed | $1,039,000 | -9.7% | $339 / Sq Ft |
| 07/22/2024 07/22/24 | Price Changed | $1,150,000 | -8.0% | $375 / Sq Ft |
| 07/05/2024 07/05/24 | For Sale | $1,250,000 | -- | $408 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $650,000 | Landamerica | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | No Value Available | |
| Closed | $700,000 | New Conventional | |
| Closed | $520,000 | Negative Amortization |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24137779
APN: 5046-007-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 3442 Potomac Ave
- 3446 Hillcrest Dr
- 3443 West Blvd
- 4427 Exposition Blvd
- 3524 Chesapeake Ave
- 3564 S Muirfield Rd
- 3570 Chesapeake Ave
- 3441 Virginia Rd
- 3437 Virginia Rd
- 3406 Virginia Rd
- 3630 Chesapeake Ave
- 3633 West Blvd
- 3518 Chesapeake Ave
- 3024 Wellington Rd
- 3721 Exposition Blvd
- 3721 W Exposition Blvd
- 3510 Somerset Dr
- 3738 S Muirfield Rd
- 2919 S Palm Grove Ave
- 2840 Potomac Ave Unit 1/2