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2531 Hillcrest Drive
USD 1,295,000
Property ID: 23312527
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2531 Hillcrest Drive ,90016
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icon 6217 SqFt
icon Built in 1925
icon USD 208/SqFt
icon 6 Beds
icon 6 Full
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Location
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Interior Details
Bedrooms
6
Bathrooms
6
Interior Size
3122
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1925
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Detailed Introduction Of This Home
2531 Hillcrest Drive is a charming 6-unit courtyard-style bungalow complex offering a substantial value-add opportunity and an up-and-coming location undergoing a widely covered creative renaissance. Located just north of West Adams Blvd, this rapidly developing neighborhood is home to many mixed-use and office development projects, and a community of emerging and highly-reviewed restaurants and cafes breathing new life into the community. In addition to the property's walkability to the heart of West Adams, this courtyard-style complex is close to the Expo Rail Line and Silicon Beach tech hubs. 2531 Hillcrest features (6) 1-bdrm. units offering 58% in rental upside, and at the list price, stabilizes at a 9.25% CAP and 8.35 GRM. Additional property amenities include a laundry room, an uncovered parking space, and a one-car garage.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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2531 Hillcrest Drive
USD 1,295,000 6 Beds
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