3950 Hillcrest Drive, Los Angeles, CA 90008

  • $2,600,000
3950 Hillcrest Drive, Los Angeles, CA 90008
Active
3950 Hillcrest Drive, Los Angeles, CA 90008
3950 Hillcrest Drive, Los Angeles, CA 90008
  • $2,600,000

Description

First time on the market in decades. 16-unit value-add opportunity in Baldwin Hills. All 1-bedroom units with a clean layout, gated parking, and separately metered utilities. Currently operating at a 5.6% cap rate with significant upside, pro forma cap over 9.5%. Rents are approx. 44% below market. One unit delivered vacant at close. Excellent location at the nexus of Baldwin Hills, Culver City, and Inglewood strong rental demand and long-term appreciation. .

  • Address 3950 Hillcrest Drive
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90008
  • Country US

Details

Updated on July 16, 2025 at 12:21 pm
  • Property ID: 25564181
  • Price: $2,600,000
  • Property Size: 10359
  • Land Area: 0.2343 Acres
  • Bedrooms: 14
  • Bathrooms: 16
  • Garage Size: x x
  • Year Built: 1955
  • Property Type: Residential Income
  • Property Status: Active

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