3950 Hillcrest Drive, Los Angeles, CA 90008

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
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:38 day(s) ago
  • Updated:August 19, 2025 at 08:21 PM

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 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 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 information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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