6051 Hillandale Drive

    Los Angeles (City), CA 90042
    • $2,650,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 19512154
    UPDATED: 57 min ago
    $2,650,000
    • 10
      BEDS
    • 0.15
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,260
      SQFT
    • $622
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    We are pleased to offer the opportunity to acquire 6051 Hillandale Drive, a six-unit fully renovated apartment community located in a thrivingpocket of Los Angeles. Consisting of two buildings on a 6,713 square foot parcel, the property comprises of two one-bedroom units, and four two-bedroom units.Current Ownership has extensively renovated the property and features thoughtful design details like geometric tile, high-quality flooring, roomy cabinets and shelving, recessed lighting, state-of-the-art appliances, and more. Units also include brand-new heating/cooling systems and washer and dryers. The property is surrounded by lush, eco-friendly landscaping, and boasts a community courtyard perfect for entertaining. 6051 Hillandale provides investors a rare buying opportunity that is well-suited to provide a healthy income stream and solid market appreciation as the area continues its upward trajectory.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-10-21T07:43:27.323. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/99084389

    6051 Hillandale Drive Los Angeles (City), CA 90042

    • Price: $2,650,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 19512154
    10
    Beds
    6
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,260
    SQFT
    $622
    $/SQFT
    1954
    Built
    Neighborhood:
    Highland Park (632)
    County:
    Los Angeles
    Area:
    Highland Park (632)
    Property Description
    We are pleased to offer the opportunity to acquire 6051 Hillandale Drive, a six-unit fully renovated apartment community located in a thrivingpocket of Los Angeles. Consisting of two buildings on a 6,713 square foot parcel, the property comprises of two one-bedroom units, and four two-bedroom units.Current Ownership has extensively renovated the property and features thoughtful design details like geometric tile, high-quality flooring, roomy cabinets and shelving, recessed lighting, state-of-the-art appliances, and more. Units also include brand-new heating/cooling systems and washer and dryers. The property is surrounded by lush, eco-friendly landscaping, and boasts a community courtyard perfect for entertaining. 6051 Hillandale provides investors a rare buying opportunity that is well-suited to provide a healthy income stream and solid market appreciation as the area continues its upward trajectory.
    Exterior Features

    Parking Spaces Total 6 Parking Type Garage

    Interior Features

    Cooling Type Wall Unit(S) Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Furnished Unit Furnished02 Furnished Unit Furnished03 Furnished Unit Furnished04 Furnished Unit Furnished05 Furnished Unit Furnished06 Furnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 1 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Water Heaters YN Y

    Property Features

    Adjusted Gross Income 182700.00 Assessed Improvement Value 238095.00 Assessed Land Value 541129.00 Cap Rate 4.75 Country United States Of America Expense Total Annual 51444.00 Gross Operating Income 182700.00 Gross Rent Multiplier 14.50 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 125775.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 2195.00 Unit Monthly Rent02 2595.00 Unit Monthly Rent03 2595.00 Unit Monthly Rent04 2195.00 Unit Monthly Rent05 2795.00 Unit Monthly Rent06 2850.00 Unit Projected Total Monthly Rent01 2195.00 Unit Projected Total Monthly Rent02 2950.00 Unit Projected Total Monthly Rent03 2850.00 Unit Projected Total Monthly Rent04 2195.00 Unit Projected Total Monthly Rent05 2950.00 Unit Projected Total Monthly Rent06 2850.00 Unit Total Monthly Rent01 2195.00 Unit Total Monthly Rent02 2595.00 Unit Total Monthly Rent03 2595.00 Unit Total Monthly Rent04 2195.00 Unit Total Monthly Rent05 2795.00 Unit Total Monthly Rent06 2850.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lard1.5

    Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


    Based on information from CARETS as of 2019-10-21T07:43:27.323. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210