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    3143 Hollycrest Dr

    Los Angeles, CA 90068
    • $1,700,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: 20-655294
    UPDATED: 48 min ago
    $1,700,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,998
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one fully renovated vacant unit that can be rented out at market rate or occupied by an owner/user. This property qualifies for residential financing and will allow an investor to benefit from 30-year fixed interest rates and favorable loan terms.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T22:42:31.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/111757835
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    3143 Hollycrest Dr Los Angeles, CA 90068

    • Price: $1,700,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 20-655294
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,998
    SQFT
    $567
    $/SQFT
    1954
    Built
    Neighborhood:
    Hollywood Hills East
    County:
    Los Angeles
    Area:
    Hollywood Hills East
    Property Description
    We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one fully renovated vacant unit that can be rented out at market rate or occupied by an owner/user. This property qualifies for residential financing and will allow an investor to benefit from 30-year fixed interest rates and favorable loan terms.
    Exterior Features

    Covered Parking 3 Lot Size Area 6439 Other Structures Other Parking Garage Covered Parking Total Parking 3

    Interior Features

    Baths Total 4.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1020020 Gross Income 114300 Gross Operating Income 111231 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 76811.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 34420 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Sevak Keshishian DRE#01887505 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T22:42:31.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211