3442 Hillcrest Drive

Los Angeles, CA 90016

$1,050,000
Last Sold Price
6
Beds
3
Baths
2,529 Sq. Ft.
$415 / Sq. Ft.
2,529
Sq. Ft.
$415
per Sq. Ft.

Description

Investors! Triplex on nearly 10,000 Sq. Ft. Lot, Zoned LAR2. Large Brand New Developments being built in the area. Co-living/ Roommate style living fits today's high demand for housing throughout LA. Located in Up & Coming area w/ in short distance to LAX & major Fwys. Or upgrade units, convert garage to ADU & maximize rents. Consists of 3 units, 2 Beds 1 Bath each. Being sold in As-Is Condition. Buyers and buyers agents to do own diligence. Seller has not occupied property, makes no guarantees or...Investors! Triplex on nearly 10,000 Sq. Ft. Lot, Zoned LAR2. Large Brand New Developments being built in the area. Co-living/ Roommate style living fits today's high demand for housing throughout LA. Located in Up & Coming area w/ in short distance to LAX & major Fwys. Or upgrade units, convert garage to ADU & maximize rents. Consists of 3 units, 2 Beds 1 Bath each. Being sold in As-Is Condition. Buyers and buyers agents to do own diligence. Seller has not occupied property, makes no guarantees or warranties of any kind. Please do NOT disturb tenants.

Property Details for 3442 Hillcrest Drive

Zoning
LAR2
Cross Streets
Between Jefferson & Exposition at Hillcrest & Expo
Parcel Number
5046007017
Total Units
3.0
Living Area
2529
Source Living Area
Assessor
Area
Park Hills Heights (PHHT)
Vacancy Rate
0

Location

Listing Courtesy of eXp Realty of California Inc, Norma Barajas, DRE #01459978

Sold By The Agency, Amir Jawaherian, DRE #01899893

Add your commute
LISTING UPDATED: 08/28/2023 08:26 AM

Property Details for 3442 Hillcrest Drive

StatusSold
MLS #23-260167
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.23 AC / 9,863 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Norma Barajas, DRE #01459978

Sold By The Agency, Amir Jawaherian, DRE #01899893

Add your commute

Building Information for 3442 Hillcrest Drive

Stories1Residences-Year Built1951Building Size-Lot Size0.23 AC / 9,863 SF

Payment Calculator

$7,122 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$1,392

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3442 Hillcrest Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: Other
  • Water: Public
  • Sewer: Other
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $33,300
  • Net Operating Income: $32,650.00
  • Gross Income: $42,720
  • Gross Rent Multiplier: $40.50
  • Actual Rent Total: $42,720.00
  • Financial Info as Of: 04/13/2023
  • Owner Pays: Gardener
  • Total Annual Expense: 7800
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.2264
  • Lot Size Square Feet: 9863
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Description: Back Yard, Fenced, Front Yard, Lawn, Single Lot
Parking Details
Parking Details
  • Parking Garage: Driveway - Combination, Shared Driveway, Garage - 2 Car
  • Total Parking: 6
  • Parking Features: Driveway - Combination, Shared Driveway, Garage - Two Door
Interior Features
Interior Features
  • Levels: Ground Level
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Other, Wall
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Mixed
  • Equipment: Ceiling Fan, Microwave, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Kitchen Open to Family Room, Tile Counters
  • Kitchen Features: Open to Family Room, Tile Counters
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Bedroom Features: Main Floor Bedroom
  • Cooking Appliances: Oven
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s), Other
Lease Terms
Lease Terms
  • Entry Date: 04-13-2023
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $1,625.00
  • Unit Actual Rent: $1,625.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $1,150.00
  • Unit Actual Rent: $1,150.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $785.00
  • Unit Actual Rent: $785.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 1
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Patio: 1
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Rented Garages: 1
  • Number Wall AC: 3
  • Number Water Meters: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $520,000.00
  • Assessed Improvement Percent: 39.39
  • Assessed Land Value: $800,000.00
  • Assessed Land Percent: 60.61
  • Assessed Total Value: $1,320,000.00

Property History for 3442 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 3442 Hillcrest Drive

Taxable ValueLand$816,000Additions$530,400Total$1,346,400
Tax Record2023$16,704 ($1,392 / month)
Home Facts
Total Finished SqFt2,529 SqFtAbove Grade Finished SqFt2,529 SqFtLot Size9,863 SqFtStyleTriplexYear Built1951ZoningLAR2CountyLOS ANGELESAPN5046-007-017

Schools near 3442 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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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 eXp Realty of California Inc, Norma Barajas, DRE #01459978

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.