3446 Hillcrest Drive Active

Los Angeles,CA 90016

$ 1150000

6 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24137779

Bedrooms 6

HOA Y/N No

Lot Size 5,657 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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 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.
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.

Location

State CA

County Los Angeles

Area Los Angeles (90016)

Zoning Assessor

Building

Lot Description Corner Lot,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $51

Acceptable Financing Cash,Conventional,Exchange,FHA

Space Rent $1,600

Listing Terms Cash,Conventional,Exchange,FHA

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