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Closed
- Listed price
- $1,300,000
- Listed Feb 25, 2019
- Sold price
- $1,200,000
- Sold May 1, 2019
7,000 sqft lot|1927 Built|8 MLS days on market
2824 HILLCREST Dr, Los Angeles, CA 90016
Property Description
2824 Hillcrest Drive is a beautiful 4-plex in the heart of Mid City Los Angeles. Every unit in the complex is a large 2-bedroom, 1-bathroom and over 1000 square feet each. As you will see when you pull up to the property, it has a stunning Spanish style architecture, not like the common "bread and butter" properties you see on the market today. There are four large garages in the rear of the property which are currently used for storage, but could be used for parking for the tenants. Although the tenants are paying well below market rent, they have only been living in the building between 3-7 years. The asking price per square foot is only $234.32 and there is over 70% upside in the rents. Tremendous value-add opportunity. The building is fully occupied so PLEASE DO NOT DISTURB THE TENANTS!.
Listing agent: Chase SimontonDRE #01766871chase@flashmangroup.com, Listing office: Peak Commercial
MLS data updated 11/1/2026, 7:31:12 AM PT
Source: CRMLSMLS #: 19437636
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,200,000
May 1, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90016 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90016 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.