2002 Hillcrest Road, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

2002 Hillcrest Road, Los Angeles, California 90068 home-pic-0

2002 Hillcrest Road

Los Angeles, California 90068

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,116Sq Ft
5,394Lot Size

Property Price

LIST PRICE$2,695,000
EST. MARKET VALUE
$2,570,671
4% AboveMARKET VALUE

SUMMARY

Analysis of 2002 Hillcrest Road, Los Angeles, California 90068 reveals a property with a current list price of $2,695,000, which is 4% above the estimated $2,570,671 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,570,671
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2002 Hillcrest Road
Subject
$2,695,000*
List Price
332,116$1,215-
A
7040 Hillside Avenue
Sold
$2,850,000332,736$1,0420.3 mi
B
2229 Willetta Street
Active
$2,699,000
List Price
332,305$1,1710.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1912, this property has undergone a comprehensive 'top to bottom' renovation, as explicitly stated in the description. The kitchen features all-new, high-end stainless steel appliances (Wolf, Sub-Zero, Miele), custom steel and glass cabinets, and honed cast cement countertops, presenting a modern and luxurious aesthetic. All three bathrooms are also 'all-new' with premium fixtures from Waterworks, Lefroy Brooks, and Agape, showcasing contemporary design and pristine condition, as confirmed by the images. Furthermore, major systems like HVAC, electrical (including new solar and EV chargers), water heater, and roofing (with a 20-year guarantee) have been replaced or significantly upgraded. The flooring (hickory hardwood, tile, cement) and lighting (Comfort DimLED) are also new. This extensive, high-quality renovation brings the property to a virtually new condition, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Unrivaled Panoramic Views

    The property boasts breathtaking 'forever views' from downtown Los Angeles to Catalina Island, significantly enhancing its desirability and value.

  • Comprehensive Luxury Renovation

    Recently renovated top-to-bottom with the finest materials (e.g., hand-finished plaster, hickory hardwood, solid walnut), premium fixtures (Forbes and Lomax, Waterworks, Lefroy Brooks, Agape), and high-end appliances (Wolf, Sub-Zero, Miele).

  • Exceptional Energy Efficiency & Modern Systems

    Features a new solar electrical system with two EV chargers, resulting in an incredibly low average electrical bill of $18/month, alongside new HVAC, water heater, softener, and filtration systems.

CONSRISKS & DEFICIENCIES

  • Unfinished Pool Project

    The presence of a 'pool shell in place (ready to finish)' indicates an additional significant investment and project management required from the buyer to complete the pool.

  • Age of Original Structure

    Built in 1912, despite extensive renovations, the underlying structure is over a century old, which could imply potential for unforeseen maintenance issues typical of older homes.

  • Modest Square Footage for Price Point

    While well-appointed, the listed 2116 sqft (plus 570 sqft basement) might be considered modest for a property at a $2.695M price point in the Hollywood Hills, potentially limiting the buyer pool seeking larger homes.

About 2002 Hillcrest Road

Mediterranean paradise with forever views in the Hollywood Hills. Sweeping vistas from downtown to Catalina make this private, gated retreat perfect for entertaining inside and out. Very large sky deck (~1200 SF) with pool shell in place (ready to finish), surrounded by mature orange, grapefruit, tangerine, lemon, plum, and olive trees all lush and heavy with fruit. In the afternoons, fresh air and ocean breezes waft through the home, renovated top to bottom with the finest materials (hand finished plaster, hickory hardwood floors and solid walnut shelves), finishes (polished nickel fixtures and light switches from Forbes and Lomax) and appliances (stainless steel Wolf, Sub-Zero, and Miele). Cathedral ceilings in open plan kitchen / living room / dining room with showcase island fireplace. Stunning large master suite with fireplace and private upper deck. Large basement with laundry area and ample built-in storage (570 SF additional to listed square footage). Super close to the best of Hollywood and West Hollywood, but you'll feel like you are floating above it all. All new kitchen and pantry (including Sub Zero refrigerator, Wolf range and Miele dishwasher) with custom made steel and glass cabinets, and honed cast cement island countertops. Three all-new bathrooms with Waterworks, Lefroy Brooks and Agape fixtures. New French double doors, HVAC system, flooring (hardwood, tile and cement), energy-saving Comfort DimLED lighting (inside and out), paint (inside and out), and exterior irrigation system on timer. New solar electrical system, including two car chargers; this home's electrical bill has generally averaged $18/month (yes, you read that correctly). New intercom / front gate security camera system, water heater, water softener and filtration system. Significant improvements to the electrical system, two fireplaces, interior stairwell and upper deck. Substantial landscape enhancements and repairs to roof (with 20-year guarantee).

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1912
Lot Size
5,394 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Selma Avenue Elementary School

Grades K-6 • 0.6 mi

4/10

Gardner Street Elementary School

Grades K-6 • 0.8 mi

7/10

Cheremoya Avenue Elementary School

Grades K-6 • 1.1 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,1162,321
41%
Lot Size5,3946,883.5
26%
Price$2.69M$1.92M
75%
Price per sq ft$1.3K$880
94%
Built year19121949
3%
HOA$0$0
50%
Days on market127177
21%

Pricing History

Listed for Sale

Oct 30, 2025

$2,695,000

Initial Listing

Sold

Dec 14, 2021

$2,600,000

Public Record

Sold

Feb 24, 1999

$335,000

Public Record

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