3143 Hollycrest Drive
3143 Hollycrest Drive
$1,500,000
4
4
2,998
2,998
$500
Description
We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one vacant unrenovated unit that can be remodeled and rented...We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one vacant unrenovated unit that can be remodeled and rented out at market rate or occupied by an owner/user. Only one unit has been lightly renovated at this property, which boasts a tremendous opportunity for a new investor to add significant value to this property over the course of ownership. Units 1 and 2 are larger floorplans that are identical with larger living rooms and a dining area. Unit 2 and 3 are slightly smaller floorplans and have a dining area as well. Units 3 and 4 both come with high ceilings that allow for lots of light and a very spacious feel for tenants. Only one long-term tenant occupies this property, and their rent is over $2200 per month.
- Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 3143 Hollycrest Drive
Zoning
LARD1.5
Parcel Number5579039015
Total Units4.0
Living Area2998
Source Living AreaVendor Enhanced
AreaHollywood Hills East (C30)
Vacancy Rate1
Lot Size Area6439
Location
LISTING UPDATED: 04/19/2024 02:07 PM
Property Details for 3143 Hollycrest Drive
Status | Active |
---|---|
MLS # | 24-346183 |
Days on Market | 111 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1954 |
Lot Size | 0.15 AC / 6,439 SF |
County | Los Angeles County |
Location
Building Information for 3143 Hollycrest Drive
Stories2Residences-Year Built1954Building Size-Lot Size0.15 AC / 6,439 SF
Payment Calculator
$9,726 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3143 Hollycrest Drive
Property History for 3143 Hollycrest Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3143 Hollycrest Drive
Taxable ValueLand$728,280Additions$754,290Total$1,482,570
Tax Record2023$18,477 ($1,540 / month)
Home Facts
Total Finished SqFt2,998 SqFtAbove Grade Finished SqFt2,998 SqFtLot Size6,439 SqFtStyleQuadraplexYear Built1954ZoningLARD1.5CountyLOS ANGELESAPN5579-039-015
Schools near 3143 Hollycrest Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Valley View Elementary School PublicK to 6 | ||
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.
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