Listing provided courtesy of Chandler Rockwell of Fred Leeds Asset Group Inc.. Last updated 2025-08-08 08:11:42.000000. Listing information © 2025 Sandicor.
Asking Price: $2,600,000 |
3950 Hillcrest, Los Angeles CA 90008
Community: PHHT - Park Hills Heights
This property was built in 1955 and is priced at $2,600,000. Please see the additional details below.
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. .