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    2902 Hillcrest Dr

    Los Angeles, CA 90016
    • $1,650,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • ID#: 21-689638
    Under Contract
    UPDATED: 18 min ago
    $1,650,000
    • 8
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,866
      SQFT
    • $427
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    We are pleased to present Las Casitas, an eight-unit Spanish courtyard-style apartment building in the budding arts and creative district of West Adams. Built in 1925 and comprehensively renovated in 2020, this property exudes historic charm and a beachside vibe. Located at 2902-2904 Hillcrest Drive, at the south-east corner of Hillcrest Drive and 29th Street, the clay-tiled mansard, matte stucco exterior, new windows, and fresh landscaping lend the 3,866 square feet of improvements and 8,285 square feet of lend an air of historic charm to the curb appeal and provide an indication to the attractive unit interiors. The eight-unit property is comprised completely of one-bedroom, one-bathroom units, four of which have been comprehensively renovated with all new floor plans, airy and bright modern interiors, new kitchens with grey Shaker-style cabinetry with black trim, quartz countertops, stainless-steel appliances, durable laminate hardwood-style flooring, recessed lighting, new bathrooms with walk-in showers. In addition, the property has upgraded plumbing with new water main lines, four completely replumbed units, and new waste water sewer lines. The electrical system was upgraded with a new main panel, individual sub-panels in all units, and all new wiring. Listing Agent has a financial interest in the property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-25T18:42:48.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.emansaridinhomes.com/homes/113953632
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    2902 Hillcrest Dr Los Angeles, CA 90016

    • Price: $1,650,000
    • Status: Active Under Contract
    • Updated: 18 min ago
    • ID#: 21-689638
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,866
    SQFT
    $427
    $/SQFT
    1925
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to present Las Casitas, an eight-unit Spanish courtyard-style apartment building in the budding arts and creative district of West Adams. Built in 1925 and comprehensively renovated in 2020, this property exudes historic charm and a beachside vibe. Located at 2902-2904 Hillcrest Drive, at the south-east corner of Hillcrest Drive and 29th Street, the clay-tiled mansard, matte stucco exterior, new windows, and fresh landscaping lend the 3,866 square feet of improvements and 8,285 square feet of lend an air of historic charm to the curb appeal and provide an indication to the attractive unit interiors. The eight-unit property is comprised completely of one-bedroom, one-bathroom units, four of which have been comprehensively renovated with all new floor plans, airy and bright modern interiors, new kitchens with grey Shaker-style cabinetry with black trim, quartz countertops, stainless-steel appliances, durable laminate hardwood-style flooring, recessed lighting, new bathrooms with walk-in showers. In addition, the property has upgraded plumbing with new water main lines, four completely replumbed units, and new waste water sewer lines. The electrical system was upgraded with a new main panel, individual sub-panels in all units, and all new wiring. Listing Agent has a financial interest in the property.
    Exterior Features

    Cross Streets 29th Street & Hillcrest Direction Faces West Exterior Construction Stucco Lot Location Corner Lot Lot Size Area 8285 Other Structures Accessory Bldgs Parking Garage Garage Roof ElastomericFlat Style California Bungalow Total Parking 0

    Interior Features

    Baths Total 8.00 Common Walls Attached Cooking Appliances Cooktop - GasGas/Electric RangeMicrowave Cooling None Equipment Built-InsCeiling FanDishwasherGarbage DisposalHood FanMicrowaveRefrigeratorRange/Oven Flooring Laminate Heating Wall Laundry Community Laundry Equipment Own Water Heater Features GasTankless

    Property Features

    Assessed Total Value 54242 Gross Income 167520 Gross Operating Income 167520 Land Lease Type Fee Like Units1 8 Net Operating Income 126021.00 Number Of Buildings 3 Number Of Units 8 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGasTrash Collection Total Annual Expense 37878 Type Of Units 8 Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Peter Strauss DRE#01335696 of Iconic Investments.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-25T18:42:48.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Eman Saridin with RE/MAX of Santa Clarita
    25129 The Old Road STE #114
    Santa Clarita CA, 91381