2531 Hillcrest Drive
Los Angeles, CA 90016

  • – beds
  • – baths
  • – sqft
  • 6,217 sqft lot
  • 1925 build
  • on site

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Beautiful Units with great return $73,536 Annual Income and only $12,572 Annual expense. Two units are fully remodeled in 2015 and Jan 2016 while the other units are in great condition. Current owner have taken care of all the repairs so your cost of expense is low. There are 6 one bedroom and one bath and one Bachelor. In addition, a remodeled garage is being rented out as well (2 garages total). Brand new roofs and much work has been done done to the units such as new electrical, stucco repairs, newly paint, remodeled units... Owner hates to give this investment up but he needs the finances for another purchase. THIS IS A GREAT OPPORTUNITY TO OWN A MULTI FAMILY COMPLEX IN A UPCOMING AREA WITH GREAT TENANTS AND RENTROLL! IT WON'T LAST, SO SUBMIT YOUR OFFER TODAY!

California Regional MLS logo Listed By CRMLS_CA / Mazdak Sarehkhani / Mazdak Sarehkhani

Last checked: Checking… • Last updated May 13, 2024 •

MLS# SR15241982 —

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Sale history

Date Event Source Price % Change
3/21/19
CRMLS_CA $1,193,000 33.3% (11.4% / YR)
4/15/16
Sold CRMLS_CA $895,000

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Multifamily Sold on 4/15/2016

$895,000

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Listing provided by broker:

Mazdak Sarehkhani

Mazdak Sarehkhani

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Mazdak Sarehkhani. Based on information from California Regional Multiple Listing Service, Inc. as of 15:03 on May 19.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

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