3950 Hillcrest Drive, Los Angeles, CA 90008

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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3950 Hillcrest Drive,Los Angeles, CA 90008
$2,600,000
  • 14 Beds
  • 16 Baths
  • 10,359 sq. ft.
  • Multi-family
  • Active
Listed by:chandler rockwell
Office:fred leeds asset group inc.
MLS#:25564181
Source:CRMLS

Price summary

  • Price:$2,600,000
  • Price per sq. ft.:$250.99

About this home

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. .

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Home facts

  • Year built:1955
  • Listing Id #:25564181
  • Added:47 day(s) ago
  • Updated:August 27, 2025 at 10:33 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:16
  • Living area:10,359 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:10,359 sq. ft.
  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$2,600,000
  • Price per sq. ft.:$250.99
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