Property Detail

3950 Hillcrest

Los Angeles CA 90008

$2,600,000

Status: Active

Property Details

Description

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. .

Map Location

Listing provided courtesy of Chandler Rockwell of Fred Leeds Asset Group Inc.. Last updated 2025-07-13 08:11:09.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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