3446 Hillcrest Drive

Los Angeles, CA 90016

$1,150,000
Price
6
Beds
11
Baths
3,064 Sq. Ft.
$375 / Sq. Ft.
3,064
Sq. Ft.
$375
per Sq. Ft.

Description

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...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.
  1. Listed by Eduardo Negrete • DRE #01482232 • Brokerage DRE #02190063 • ehomes • 562-450-8530

Property Details for 3446 Hillcrest Drive

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3064
Assessor Parcel Number
5046-007-025
Property Attached YN
true
LISTING UPDATED: 12/02/2024 09:23 PM

Property Details for 3446 Hillcrest Drive

StatusActive
MLS #DW24137779
Days on Market150
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.13 AC / 5,657 SF
CountyLos Angeles County

Building Information for 3446 Hillcrest Drive

Stories2Residences-Year Built1955Building Size-Lot Size0.13 AC / 5,657 SF

Property Information for 3446 Hillcrest Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,100
  • Gross Scheduled Income: $4,100
  • Net Operating Income: $3,600
Expense Details
  • Operating Expense: $500
  • Fuel Expense: $0
  • Electric Expense: $5,000
  • Insurance Expense: $2,900
  • Trash Expense: $3,600
  • Water Sewer Expense: $2,500
  • Total Expenses: $14,000
Tax / Assessment Info
  • Tax Tract Number: 7823
  • Tax Census Tract: 2200.00
  • CFD/Mello-Roos Fee: $616
  • Tax Lot: 189
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: Hillcrest Dr (1st and 2nd floor)
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $805
  • Unit Type Total Rent: $805
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,297
  • Unit Type Total Rent: $1,297
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $402
  • Unit Type Total Rent: $402
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 3446 Hillcrest Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3446 Hillcrest Drive

Taxable ValueLand$462,797Additions$203,573Total$666,370
Tax Record2024$8,612 ($718 / month)
Home Facts
Total Finished SqFt3,064 SqFtAbove Grade Finished SqFt3,064 SqFtLot Size5,657 SqFtStyleQuadraplexYear Built1955ZoningLAR3CountyLOS ANGELESAPN5046-007-025

Schools near 3446 Hillcrest Drive

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
Public - 9 to 12
Rating
School
Distance
Virginia Road Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

View Park Continuation School
Public9 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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Similar Sold Homes

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3446 Hillcrest Drive is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on July 5, 2024 by ehomes, it's currently listed at $1,150,000. It has been on the market for a total of 150 days and was last sold on February 16, 2006. This listing's school district is Los Angeles Unified School District. Nearby schools include Virginia Road Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 3446 Hillcrest Drive is a 6-bed, 11-bath, 3,064 sqft multi-family home built in 1955.

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 ehomes, Eduardo Negrete, DRE #01482232

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.