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Sold for $2,250,000 on 09/19/25
  • $2,250,000

    3950 Hillcrest Dr, Los Angeles, CA 90008

    14beds
    16baths
    10,359sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $2,215,200 Zestimate®
    $217/sqft
    $-- Estimated rent

    Owner options

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    $14,223/mo

    Est. payment

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    $14,223/mo

    Est. payment

    What's special

    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. .

    Zillow last checked: 8 hours ago

    Listing updated: September 19, 2025 at 05:11am

    Listed by:

    Chandler Rockwell DRE # 02080782 510-468-7404,

    Fred Leeds Asset Group Inc. 310-826-2466

    Bought with:

    Chandler Rockwell, DRE # 02080782

    Fred Leeds Asset Group Inc.

    Source: CLAW,MLS#: 25564181MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 16
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 10,359
    • Total interior livable area: 10,359 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Gated, Covered
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 10,206 sqft
    Details
    • Additional structures: Other
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1955

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $2,215,200