Listed By:
with Coldwell Banker Realty;
Address
2621 Hillcrest Drive, Los Angeles, CA
Price
$ 1,099,500
Property Attributes
  • MLS#23305843
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Price$ 1,099,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,499 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

OPPORTUNITY ZONE. RTI, SHOVEL READY. Presenting a fantastic investment chance in Los Angeles' West Adams neighborhood! A stunning new construction project with the extra bonus of Ready-To-Issue building permits, that features three large units, including two luxurious 5-bedroom, 5.5-bathroom homes and one spacious 3-bedroom, 3-bathroom ADU unit. This prime real estate is perfectly located in one of LA's hottest neighborhoods, making it a highly sought-after location for both renters and buyers alike. The project has been expertly designed and built with top-of-the-line materials and finishes, ensuring the highest level of quality and comfort for its residents. With an estimated income potential of close to $200,000 per year, this property represents an exceptional investment opportunity for those looking to capitalize on the thriving LA real estate market.

Price History
8/30/2023 Listed $1,099,500

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
County Los Angeles
Days on Market 8
Directions South of Adams
Garage Y/N No
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 6500.0
MLS Area C16 - Mid Los Angeles
Mobilehomeremainsyn No
New Construction No
Private Pool No
Property Attached Y/N No
Property Type Land
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Hillcrest
View None
View Y/N No
Waterfront Y/N No
Zoning LARD3

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N No
Street Suffix Drive

Exterior Features

Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.1492
Lot Size Area 6500.0
Lot Size Source Other
Lot Size Units SquareFeet
Open Parking Y/N No
Spa No
Total Parking 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90016

Price
AVG $3.23M
$1.1M
Visits
AVG 80
117
Data Provided by Inside Real Estate®
Walkscore
AVG 80
81
Data Provided by Walkscore® not using MLS data