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  • 3950 Hillcrest Drive, Los Angeles CA: https://media.crmls.org/mediaz/e464a337-9ff4-40fc-8b6a-4103ccf803d7.jpg
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3950 Hillcrest Drive, Los Angeles, CA 90008

| 10,359 SQ/FT

Offered at $2,600,000

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. .