3551 Hillcrest Drive, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
3551 Hillcrest Drive
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 3551 Hillcrest Drive, Los Angeles, California 90016 reveals a Prime Investment Opportunity with a current list price of $875,000—significantly undercutting the $982,937 Fair Market Value by 10%. This valuation gap indicates a +$107,937 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3551 Hillcrest Drive Subject | $875,000* List Price | 3 | 2 | 1,530 | $642 | - |
A 3727 West Boulevard Sold | $907,000 | 3 | 2 | 1,280 | $709 | 0.2 mi |
B 2934 Hillcrest Drive Sold | $760,000 | 3 | 2 | 1,764 | $431 | 0.4 mi |
C 2916 Hillcrest Drive Sold | $949,000 | 4 | 2 | 1,564 | $607 | 0.5 mi |
D 3604 S Muirfield Road Sold | $815,000 | 3 | 1 | 1,222 | $667 | 0.1 mi |
E 3770 Somerset Drive Sold | $1,020,000 | 3 | 2 | 2,036 | $501 | 0.5 mi |
F 3440 Buckingham Road Sold | $730,000 | 3 | 1 | 1,260 | $579 | 0.2 mi |
G 3734 Chesapeake Active | $900,000 List Price | 4 | 2 | 1,452 | $620 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready with significant recent exterior upgrades including a new roof and dual-pane windows installed two years ago. However, the interior finishes are dated; the kitchen features older tile countertops and white appliances, and the bathrooms lack modern styling. While functional and clean, the home requires cosmetic modernization to meet current market standards, consistent with the 'fair' condition criteria for older homes with aged but functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Commuter Location
Situated in the heart of Los Angeles with proximity to Metro lines, LAX, USC, and Downtown, this property offers a 'commuter’s dream' location for busy professionals.
- Recent Capital Improvements
The home features a new roof and dual-pane windows with plantation shutters installed only two years ago, reducing immediate maintenance costs and improving energy efficiency.
- Versatile Outdoor & Parking Space
The property boasts an extra-long driveway with RV potential, a detached garage, and a spacious backyard with an enclosed patio, providing rare utility and expansion possibilities.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
The combination of laminate and carpet flooring, along with the mention of needing a 'personal touch,' suggests that cosmetic updates may be required to meet modern luxury standards.
- Lack of Scenic Views
Despite its location in the Park Hills Heights area, the listing specifies no views, which may be a disadvantage compared to other properties in the neighborhood that offer city or hillside vistas.
About 3551 Hillcrest Drive
Welcome to 3551 Hillcrest Dr., a charming 3-bedroom, 2-bathroom home in the lively heart of Los Angeles. Offering 1,530 square feet of well-designed living space, this move-in-ready gem is bursting with potential and ready for your personal touch. Step inside to discover a warm, open layout featuring two distinct living areas—perfect for hosting friends or relaxing in comfort. Recent updates, including a new roof and dual-pane windows with plantation shutters, were completed just two years ago. The home features a thoughtful blend of laminate and carpet flooring, roomy bedrooms, and two full bathrooms. The backyard is a true retreat, offering plenty of space for outdoor living. Whether it’s weekend barbecues, gardening, or cozy evenings under the stars, the possibilities are endless. An enclosed patio adds extra versatility, while the detached garage and extra-long driveway provide ample parking—there’s even room for an RV! Centrally located, this property puts you close to everything. You’re just moments from Metro lines, shopping, schools, and outdoor escapes like Kenneth Hahn Park, hiking trails, and shopping plazas. With quick access to LAX, USC, Downtown LA, and Hollywood, the location is a commuter’s dream and a gateway to the best of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1944
- Lot Size
- 6,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,530 | 1,371 | 61% |
| Lot Size | 6,002 | 5,237 | 61% |
| Price | $875.0K | $1.01M | 38% |
| Price per sq ft | $572 | $738 | 20% |
| Built year | 1944 | 1927 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 171 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$875,000
Initial Listing