1908 Hillcrest Road

Los Angeles, CA 90068

$5,000,000
Price
12
Beds
11
Baths
6,985 Sq. Ft.
$716 / Sq. Ft.
6,985
Sq. Ft.
$716
per Sq. Ft.

Description

*** 3rd Price Reduction - $850,000 from the original listed price *** The Highland Estates is a one-of-a-kind Zen-like gated community featuring (3) Craftsman and Victorian duplex bungalows, consisting of 6 units, all nestled in the foothills of the Hollywood Hills yet offering the convenience of a central Hollywood location. Built between 1912 and 1915, this classic bungalow community is an early Hollywood living at its best. Each Craftsman and Victorian bungalow exudes outstanding Golden Era architecture...*** 3rd Price Reduction - $850,000 from the original listed price *** The Highland Estates is a one-of-a-kind Zen-like gated community featuring (3) Craftsman and Victorian duplex bungalows, consisting of 6 units, all nestled in the foothills of the Hollywood Hills yet offering the convenience of a central Hollywood location. Built between 1912 and 1915, this classic bungalow community is an early Hollywood living at its best. Each Craftsman and Victorian bungalow exudes outstanding Golden Era architecture and resides among a lush garden community courtyard with a large deck, sauna, and cold shower. Patios are nestled among tropical flora and fauna. The 16,874 SF expansive resort-like lot features private and perfectly manicured gardens, lush foliage, and tall mature trees. Each bright and spacious unit with cathedral-style windows features hardwood floors, elaborate moldings, exposed beams, ornate ceilings, and a fireplace. A remodel of each unit was completed several years ago with strict attention to retaining the authentic integrity and character of each bungalow. Modern updates include central air, heating, washer and dryer, and new kitchen appliances. The Highland Estates are nestled at the base of the Hollywood Hills, north of Hollywood Blvd. and Highland Ave. The property's strategic location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient access to major Hollywood employers. The Highland Estates offer the best of both worlds - an eclectic and vintage living experience that transports residents out of LA while being close to the hustle and bustle of city life. 1908 Hillcrest is a part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations.

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

    kenny.stevens@compass.com

    P: (310)-968-7005

  3. Alyson Richards

    Alyson Richards

    Alternative Listing Agent

    Compass

    DRE #02106597

Property Details for 1908 Hillcrest Road

Zoning
LAR2
Style
Victorian
Cross Streets
Franklin Ave. & Hillcrest Rd.
Parcel Number
5549018023
Total Units
6.0
Living Area
6985
Source Living Area
Vendor Enhanced
Area
Sunset Strip - Hollywood Hills West (C03)
LISTING UPDATED: 08/23/2024 11:34 AM

Property Details for 1908 Hillcrest Road

StatusActive
MLS #24-357473
Days on Market316
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.39 AC / 16,879 SF
CountyLos Angeles County

Building Information for 1908 Hillcrest Road

Stories2Residences-Year Built1912Building Size-Lot Size0.39 AC / 16,879 SF

Property Information for 1908 Hillcrest Road

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Duplexes
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Card/Code Access
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $322,195
  • Net Operating Income: $211,341.00
  • Gross Income: $330,456
  • Cap Rate: 4.23%
  • Gross Rent Multiplier: $15.13
  • Financial Info as Of: 08/23/2024
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 110854
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 16879
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 5
  • Garage Spaces Total: 5
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Washer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-12-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,500.00
  • Unit Actual Rent: $6,500.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,595.00
  • Unit Actual Rent: $5,595.00
  • Unit Projected Rent: $5,595.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,662.00
  • Unit Actual Rent: $13,987.00
  • Unit Projected Rent: $15,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,456.00
  • Unit Actual Rent: $1,456.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 1908 Hillcrest Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1908 Hillcrest Road

Taxable ValueLand$3,216,605Additions$2,146,253Total$5,362,858
Tax Record2024$65,823 ($5,485 / month)
Home Facts
Total Finished SqFt6,985 SqFtAbove Grade Finished SqFt6,985 SqFtLot Size16,874 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningLAR2CountyLOS ANGELESAPN5549-018-023

Schools near 1908 Hillcrest Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1908 Hillcrest Road is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on February 12, 2024 by Compass, it's currently listed at $5,000,000. It has been on the market for a total of 316 days and was last sold on June 5, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1908 Hillcrest Road is a 12-bed, 11-bath, 6,985 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251; Compass, Alyson Richards, DRE #02106597

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.