2934 Hillcrest Drive, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath

2934 Hillcrest Drive, Los Angeles, California 90016 home-pic-0
ACTIVE$799,000
2934 Hillcrest Drive, Los Angeles, California 90016
3Beds
2Baths
1,764Sqft
6,302Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $799,000.

Key pros and cons

Top Pros:
Prime Location: Situated in the desirable West Adams area, known for its tree-lined streets, vibrant community, and proximity to restaurants and community hubs.
Top Cons:
Age of Property: Built in 1924, the home is nearly a century old, which may imply the need for significant updates to systems, infrastructure, and aesthetics to meet modern standards.

Compared to the nearby listings

Price:$799.0K vs avg $1.05M ($-251,000)14%
Size:1,764 sqft vs avg 1,419.5 sqft73%
Price/sqft:$453 vs avg $7823%

More Insights

Built in 1924 (101 years old).
Condition: Built in 1924, this property is nearly 100 years old with no visible evidence of recent major renovations. The listing description explicitly states it's a 'canvas with boundless potential' and an 'opportunity to add value,' indicating a need for substantial repairs and rehabilitation. Images reveal extremely dated interiors with wood paneling, worn carpets, and old fixtures. The kitchen and bathrooms, though not pictured, are highly likely to be in a similar, very outdated condition, requiring full modernization and replacement of major components.
Year Built
1924
Close
-
List price
$799K
Original List price
$999K
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
25609699
Home ConditionPoor
Features
View-

About this home

Don't miss the opportunity to own this single-family residence in a great location nestled among the tree-lined streets of the West Adams area! This home features 1,764 square feet of living space, 3 bedrooms, 2 bathrooms, and plenty of space for incredible possibilities! For those with a vision, this property is a canvas with boundless potential. Whether you're looking to create your dream home or explore investment opportunities, this home provides a flexible layout in a great neighborhood, making this an exceptional opportunity to add value and capitalize on the growing demand in this prime LA location. Situated in the vibrant West Adams area near many restaurants, community hubs, the Kenneth Hahn State Recreation Center, and nearby local trails to enjoy the outdoors, all while having easy access via the Metro Expo Line to the University of Southern California, Downtown Los Angeles, and Santa Monica. Hurry, this one won't last!

Nearby schools

5/10
Virginia Road Elementary School
Public,K-50.2mi
5/10
Cienega Elementary School
Public,K-50.7mi
4/10
Alta Loma Elementary School
Public,K-51.0mi
3/10
Sixth Avenue Elementary School
Public,K-51.1mi
6/10
Marvin Elementary School
Public,K-51.3mi
3/10
Arlington Heights Elementary School
Public,K-51.4mi
6/10
Baldwin Hills Elementary School
Public,K-51.4mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.3mi
2/10
Audubon Middle School
Public,6-81.5mi
3/10
Daniel Webster Middle School
Public,6-85.3mi
2/10
Susan Miller Dorsey Senior High School
Public,9-120.4mi
6/10
Alexander Hamilton Senior High School
Public,9-122.7mi
Condition Rating
Poor

Built in 1924, this property is nearly 100 years old with no visible evidence of recent major renovations. The listing description explicitly states it's a 'canvas with boundless potential' and an 'opportunity to add value,' indicating a need for substantial repairs and rehabilitation. Images reveal extremely dated interiors with wood paneling, worn carpets, and old fixtures. The kitchen and bathrooms, though not pictured, are highly likely to be in a similar, very outdated condition, requiring full modernization and replacement of major components.
Pros & Cons

Pros

Prime Location: Situated in the desirable West Adams area, known for its tree-lined streets, vibrant community, and proximity to restaurants and community hubs.
Significant Value-Add Potential: Described as a 'canvas with boundless potential' and an 'exceptional opportunity to add value,' appealing to buyers looking to customize or invest.
Excellent Connectivity: Offers easy access via the Metro Expo Line to key destinations like USC, Downtown Los Angeles, and Santa Monica, enhancing convenience for commuters.
Generous Living Space: Features 1,764 square feet of living space with 3 bedrooms and 2 bathrooms, providing ample room for a single-family residence.
Recent Price Reduction: The property has seen a substantial price drop from $999,000 to $799,000, indicating increased affordability and potential for a competitive offer.

Cons

Age of Property: Built in 1924, the home is nearly a century old, which may imply the need for significant updates to systems, infrastructure, and aesthetics to meet modern standards.
Implied Renovation Needs: The description emphasizes 'boundless potential' and 'add value,' strongly suggesting the property requires substantial investment in renovations and repairs rather than being move-in ready.
Mixed School Ratings: While some elementary schools have good ratings, nearby middle and high schools (e.g., Audubon Middle School, Susan Miller Dorsey Senior High School) have lower ratings, which could be a consideration for families.

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