2818 Hillcrest Drive

Los Angeles, CA 90016

$1,315,000
Last Sold Price
8
Beds
4
Baths
5,548 Sq. Ft.
$237 / Sq. Ft.
5,548
Sq. Ft.
$237
per Sq. Ft.

Description

Beautiful four plex on a quiet street in the highly desirable mid-city area of Los Angeles. All units are spacious 2 bedrooms and 1 bath each. Four 1 car garages, a large lot, and close to all amenities. Easy access to 10 freeway puts you minutes from downtown, Santa Monica and points north. Great opportunity for owner user, with good upside on the rents. All offers are subject to inspection. Please do not disturb tenants or walk the property. Call listing agent with any questions.Beautiful four plex on a quiet street in the highly desirable mid-city area of Los Angeles. All units are spacious 2 bedrooms and 1 bath each. Four 1 car garages, a large lot, and close to all amenities. Easy access to 10 freeway puts you minutes from downtown, Santa Monica and points north. Great opportunity for owner user, with good upside on the rents. All offers are subject to inspection. Please do not disturb tenants or walk the property. Call listing agent with any questions.
  1. Listed by Larry Lipps • DRE #00912506 • Brokerage DRE #00449403 • The Service Company Realty

Property Details for 2818 Hillcrest Drive

Zoning
LAR3
Parcel Number
5050011008
Total Units
4.0
Living Area
5548
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0%
Lot Size Area
7000

Location

Listing Courtesy of The Service Company Realty, Larry Lipps, DRE #00912506

Sold By Avenue Homes, Cesar Leyva, DRE #01490664

Add your commute
LISTING UPDATED: 07/25/2023 04:07 PM

Property Details for 2818 Hillcrest Drive

StatusSold
MLS #23-237041
Days on Market139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.16 AC / 7,000 SF
CountyLos Angeles County

Location

Listing Courtesy of The Service Company Realty, Larry Lipps, DRE #00912506

Sold By Avenue Homes, Cesar Leyva, DRE #01490664

Add your commute

Building Information for 2818 Hillcrest Drive

Stories2Residences-Year Built1928Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$7,314 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,176

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2818 Hillcrest Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Flat
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $69,480
  • Net Operating Income: $52,110.00
  • Gross Income: $69,480
  • Gross Rent Multiplier: $21.59
  • Total Annual Expense: 17370
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7000
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-30-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,568.00
  • Unit Actual Rent: $1,568.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,572.00
  • Unit Actual Rent: $1,572.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $46,175.00
  • Assessed Improvement Percent: 62.12
  • Assessed Land Value: $28,155.00
  • Assessed Land Percent: 37.88
  • Assessed Total Value: $74,330.00

Property History for 2818 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 2818 Hillcrest Drive

Taxable ValueLand$28,718Additions$47,098Total$75,816
Tax Record2023$1,654 ($138 / month)
Home Facts
Total Finished SqFt5,548 SqFtAbove Grade Finished SqFt5,548 SqFtLot Size7,000 SqFtStyleQuadraplexZoningLAR3CountyLOS ANGELESAPN5050-011-008

Schools near 2818 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
Charter - K to 8
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

ISANA Nascent Academy
CharterK to 8

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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Service Company Realty, Larry Lipps, DRE #00912506

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.