3950 Hillcrest Drive
Los Angeles, CA 90008
Map
- – beds
- – baths
- – sqft
- 10,204 sqft lot
- 1955 build
- – on site
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. .
Last checked:
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Last updated Jul 11, 2025
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MLS# 25564181 —
The Building
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Year Built:1955
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New Construction:No
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Building Area Total:10359.00
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Total Number Of Units:16
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# of Buildings:2
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Multi/Split
Location
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Directions:3950 Hillcrest Dr Los Angeles CA 90008
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Latitude:34.01485200
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Longitude:-118.34487700
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:10204.0000
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Lot Size Acres:0.2343
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Lot Size SqFt:10204.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5032008025
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Gated, Covered
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Parking Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/11/25
Jul 11, 2025
|
Listed / Active | CRMLS_CA | $2,600,000 |
