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    2617 Hillcrest Drive

    Los Angeles (City), CA 90016
    • $1,300,000
    • STATUS: Active Under Contract
    • ON SITE: 118 days
    • ID#: 20653464
    Under Contract
    UPDATED: 23 min ago
    $1,300,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,629
      SQFT
    • $494
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to present a four (4) unit apartment building located at 2617 Hillcrest Drive in Los Angeles, California. The subject property is located in a good West Adams location, north of West Jefferson Boulevard and west of Crenshaw Boulevard.Built in 1923, this offering contains a great unit mix of one (1) studio/one-bathroom unit, one (1) one-bedroom/one-bathroom unit, one (1) two-bedroom/two-bathroom unit, and one (1) two-bedroom/two-bathroom bungalow unit. These units were recently remodeled with new hardwood floors, tile, cabinets, fresh paint, and updated bathrooms and kitchens. Each unit comes fully equipped with a refrigerator, gas range, garbage disposal, wall heaters, wall A/C units, energy efficient fixtures, and separate water heaters. Two (2) of the units have washer/dryers installed, the other two (2) units have washer/dryer hook ups ready for installation.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T07:28:38.293. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jessica Foote & Associates. Licensed in the State of California, USA.

    www.teamfooterealestate.com/homes/111466658
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    2617 Hillcrest Drive Los Angeles (City), CA 90016

    • Price: $1,300,000
    • Status: Active Under Contract
    • Updated: 23 min ago
    • ID#: 20653464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,629
    SQFT
    $494
    $/SQFT
    1923
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    We are pleased to present a four (4) unit apartment building located at 2617 Hillcrest Drive in Los Angeles, California. The subject property is located in a good West Adams location, north of West Jefferson Boulevard and west of Crenshaw Boulevard.Built in 1923, this offering contains a great unit mix of one (1) studio/one-bathroom unit, one (1) one-bedroom/one-bathroom unit, one (1) two-bedroom/two-bathroom unit, and one (1) two-bedroom/two-bathroom bungalow unit. These units were recently remodeled with new hardwood floors, tile, cabinets, fresh paint, and updated bathrooms and kitchens. Each unit comes fully equipped with a refrigerator, gas range, garbage disposal, wall heaters, wall A/C units, energy efficient fixtures, and separate water heaters. Two (2) of the units have washer/dryers installed, the other two (2) units have washer/dryer hook ups ready for installation.
    Exterior Features

    Garage Spaces 3.00 Lot Size Units Square Feet Parking Features Garage - Single DoorTandem Garage Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances DisposalRefrigeratorGas RangeBuilt-In Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes Window Features Double Pane Windows

    Property Features

    Country Us Gross Income 100200.00 Gross Multiplier 12.97 Gross Operating Income 97194.00 Net Operating Income 72771.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 24423.00 Zoning Lard3

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T07:28:38.293. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jessica Foote & Associates. Licensed in the State of California, USA.

     
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