ResidentialIncome — 3446 Hillcrest Drive, Los Angeles, CA
$1,150,000
3446 Hillcrest Drive, Los Angeles, CA
About this property
In a neighborhood where single-family homes are regularly selling between $1.2M and $1.6M, this exceptional 4-unit property in West Adams presents a rare opportunity at a significantly lower price point. Ideally located directly across from the Metro and just minutes from everything Los Angeles has to offer, this property combines convenience with strong investment potential. The property currently features three occupied units generating $4,168.17 in monthly income, along with a fully remodeled vacant unit with an estimated rental value of $2,100 per month, bringing the projected total income to approximately $6,268.17. Adding even more appeal, the property includes a separate structure with four garage spaces — a prime value-add opportunity for conversion into ADUs, something savvy investors are always looking for. Whether you’re a seasoned investor seeking a value-add opportunity in the desirable 90016 zip code, or someone looking for a manageable multi-unit property with excellent upside, this property checks all the boxes. It also offers a great option for first-time buyers: live in the vacant unit while generating income from the others. With nearby single-family homes commanding $1.2M–$1.6M, this 4-unit property stands out as an exceptional deal. Don’t miss your chance to own a true gem in one of Los Angeles’ most sought-after areas.
Property details
Location
3446 Hillcrest Drive • Los Angeles, CA 90016
Listed by
Eduardo Negrete · ehomes