CA > Los Angeles
Los Angeles, CA 90008,3950 Hillcrest Dr
Los Angeles, CA 90008,3950 Hillcrest Dr
Los Angeles, CA 90008,3950 Hillcrest Dr
9
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$2,600,000
Est. payment /mo
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14 Beds
16 Baths
10,359 SqFt
New

3950 Hillcrest Dr Los Angeles, CA 90008

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Derek Johnson

Derek Johnson

+1(310) 424-8883

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,359 sqft

Price per Sqft $250

MLS Listing ID 25564181

Bedrooms 14

Year Built 1955

Lot Size 10,204 Sqft

Acres 0.2343

Property Sub-Type Multi-Family

Property Description

First time on the market in decades. 16-unit value-add opportunity in Baldwin Hills. All 1-bedroom units with a clean layout, gated parking, and separately metered utilities. Currently operating at a 5.6% cap rate with significant upside, pro forma cap over 9.5%. Rents are approx. 44% below market. One unit delivered vacant at close. Excellent location at the nexus of Baldwin Hills, Culver City, and Inglewood strong rental demand and long-term appreciation. .

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Window Unit(s)

Equipment Ceiling Fan

Exterior

Parking Features Gated, Covered Parking

Garage Spaces 14.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Fred Leeds Asset Group Inc.

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agent

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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3950 Hillcrest Dr