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Sold for $2,250,000 · Sep 2025

SOLD

Listed at $2,600,000

Sold

3950 Hillcrest Drive, Los Angeles, CA 90008

Los Angeles, CA

MLS# 25564181

10,359 Sq Ft • Property14bd • 16ba
27 days on market

Listing Agent

Chandler Rockwell

Listing Agent

Fred Leeds Asset Group Inc.

DRE #: 02080782

Brokerage: Fred Leeds Asset Group Inc.

Property Details

14

Bedrooms

16

Bathrooms

10,359 sqft

Square Feet

1955

Year Built

0.23 acres

Lot Size

$217

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

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. .

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history for 3950 Hillcrest Drive

1 recorded sale

$2,250,000
Sold September 2025 · listed $2,600,000, on market July 2025, 27 days on market · MLS #25564181 · Source: CRMLS
Listing Agent: Chandler Rockwell · Listing Office: Fred Leeds Asset Group Inc. · Contact: 310-826-2466 · Bought with: Chandler Rockwell · Fred Leeds Asset Group Inc.

How this sale compares

3950 Hillcrest Drive sold for $2,250,000 in September 2025, 13% under its $2,600,000 list price, after 27 days on the market. That works out to $217 per square foot on 10,359 square feet. Across 97 closed sales in 90008 over the last 12 months, the median sold price is $1,250,000 and the median is $629 per square foot, 190% above this sale's $217.

$217
This sale, per sq ft
$629
90008 median per sq ft (12 mo)
$1,250,000
90008 median sold price (12 mo)
97
Closed sales in 90008 (12 mo)
27
Days on market
−13%
Sold vs. list price
QuarterClosed sales in 90008Median sold price
Q1 202611$1,225,000
Q2 202638$1,220,000
Q3 202641$1,310,000
Q4 20267$1,175,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90008

Recent sales near 3950 Hillcrest Drive

Closed sales reported in 90008, nearest first, last 12 months. All recent sales in Los Angeles →

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CRMLS

MLS# 25564181

Listed: 7/8/2025

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 9/19/2025. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Fred Leeds Asset Group Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.