1908 Hillcrest Road

    Los Angeles (City), CA 90068
    • $5,900,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 20546764
    UPDATED: 48 min ago
    $5,900,000
    • 13
      BEDS
    • 0.39
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 6,985
      SQFT
    • $845
      $/SQFT
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    We are proud to bring to market the property at 1908 ~ 1916 Hillcrest Road. Nestled in the hills just above the famed Dolby/Kodak Theater resides a dreamlike secluded property. This exclusive gated community features 3 updated duplexes in the American Craftsman bungalow style, from the 1910~s-1920~s, which are surrounded by perfectly manicured gardens, lush foliage, and tall trees. The property is a combination of 3 duplexes totaling 6 units and 5 garages. With the heart of Hollywood sitting just beyond your gate, the tranquil serenity and privacy of the grounds, make this a truly exceptional piece of land unlike anything else in Los Angeles. Each unit has been newly remodeled with attention to retain it's authentic character with hardwood floors, ornate ceilings, and fantastic fireplaces. Modern updates include central air, heating, washer and dryers and all new kitchen appliances. Additionally, a private park, across the street from property, with key access

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    Based on information from CARETS as of 2020-02-20T17:53:44.66. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.trulinerealty.com/homes/102542844

    1908 Hillcrest Road Los Angeles (City), CA 90068

    • Price: $5,900,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 20546764
    13
    Beds
    11
    Baths
    0
    ½ Baths
    0.39
    Acres
    6,985
    SQFT
    $845
    $/SQFT
    1912
    Built
    Neighborhood:
    Sunset Strip - Hollywood Hills West (C03)
    County:
    Los Angeles
    Area:
    Sunset Strip - Hollywood Hills West (C03)
    Property Description
    We are proud to bring to market the property at 1908 ~ 1916 Hillcrest Road. Nestled in the hills just above the famed Dolby/Kodak Theater resides a dreamlike secluded property. This exclusive gated community features 3 updated duplexes in the American Craftsman bungalow style, from the 1910~s-1920~s, which are surrounded by perfectly manicured gardens, lush foliage, and tall trees. The property is a combination of 3 duplexes totaling 6 units and 5 garages. With the heart of Hollywood sitting just beyond your gate, the tranquil serenity and privacy of the grounds, make this a truly exceptional piece of land unlike anything else in Los Angeles. Each unit has been newly remodeled with attention to retain it's authentic character with hardwood floors, ornate ceilings, and fantastic fireplaces. Modern updates include central air, heating, washer and dryers and all new kitchen appliances. Additionally, a private park, across the street from property, with key access
    Exterior Features

    Parking Spaces Total 5 Parking Type Garage - 4+ Doors

    Interior Features

    Appliances DishwasherDryerRefrigeratorWasher Cooking Appliances Range Cooling Type Central A/C Heating Type Central Furnace Total Floors 2 Unit Furnished01 Furnished Unit Furnished02 Furnished Unit Furnished03 Furnished Unit Furnished04 Furnished Unit Furnished05 Furnished Unit Furnished06 Furnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 3.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 0

    Property Features

    Adjusted Gross Income 502200.00 Assessed Improvement Value 1035555.00 Assessed Land Value 2588887.00 Cap Rate 6.79 Country United States Of America Expense Electric 13200.00 Expense Insurance 8400.00 Expense Pest 1200.00 Expense Tax 73740.00 Expense Total Annual 101340.00 Expense Water 3600.00 Gross Operating Income 502200.00 Gross Rent Multiplier 11.74 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 400860.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 8500.00 Unit Monthly Rent02 7500.00 Unit Monthly Rent03 7500.00 Unit Monthly Rent04 7500.00 Unit Monthly Rent05 7500.00 Unit Monthly Rent06 3350.00 Unit Projected Total Monthly Rent01 8500.00 Unit Projected Total Monthly Rent02 7500.00 Unit Projected Total Monthly Rent03 7500.00 Unit Projected Total Monthly Rent04 7500.00 Unit Projected Total Monthly Rent05 7500.00 Unit Projected Total Monthly Rent06 3350.00 Unit Total Monthly Rent01 8500.00 Unit Total Monthly Rent02 7500.00 Unit Total Monthly Rent03 7500.00 Unit Total Monthly Rent04 7500.00 Unit Total Monthly Rent05 7500.00 Unit Total Monthly Rent06 3350.00 Unit Type01 1 Unit Type02 2 Unit Type03 3 Unit Type04 4 Unit Type05 5 Units Total In Complex 6 Zoning Lar2

    Listing provided courtesy of David Flate DRE#01184187 of Douglas Elliman.


    Based on information from CARETS as of 2020-02-20T17:53:44.66. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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