1974 Hillcrest Road Los Angeles, CA $ 3,295,000
1974 Hillcrest Road
$ 3,295,000
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1974 Hillcrest Road

Los Angeles, CA, 90068
$ 3,295,000
Bedrooms4 Baths5.0 Sq 3,109

Monthly Estimate*

$ 23,017

Listed by Compass
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Multi-Family Home for sale in Los Angeles, CA

for $3,295,000 with 4 bedrooms and 5 full baths. This 3,109 square foot home was built on a lot size of 0.2955.

Two Hollywood Hills homes on a nearly 1/3-acre street to street lot with spectacular panoramic views to iconic LA landmarks including Griffith Park Observatory, the Capital Records Building, the Hollywood sign, Yamashiro restaurant, sparking city lights, and the glistening ocean on the horizon. A unique urban oasis, this Hollywood Hills compound consisting of two distinct homes works perfectly as a family compound, a creative live / workspace, or a luxury rental. Beautifully updated, 1974 Hillcrest Rd & 2013 Glencoe Way offers a tranquil sanctuary nestled right in the heart of the city. You'll be enchanted by the meticulously maintained organic raised bed vegetable gardens with automated watering, abundant fruit trees including oranges, lemons, limes, and figs, and verdant lush landscaping in a private park-like setting. Excellent opportunity to further enhance this property with additional square footage and a pool & spa. The main house is an original Hollywood Hills Craftsman that has been thoughtfully restored offering captivating panoramic views. While maintaining the integrity of the original home, new life has been infused into the interior which is both spacious and cozy with coffered ceilings, original pocket doors, and floor to ceiling bookcases. Host gatherings fireside in the inviting living room while gazing at the views, read a book in the cozy sitting area, throw a large dinner party in the expansive dining room, or enjoy an al-fresco meal in the magical backyard under the pergola and stars. The well-equipped chef's kitchen with top-of-the-line appliances allows you to prepare delectable meals straight from the garden. The main house features 2-bedrooms, including an ensuite primary and large walk-in closet. Nestled below is a charming 1-bedroom guest suite with its own private entrance, kitchen, and bathroom. This unit has consistently generated short-term rental income for the current owner and can also serve as ideal guest quarters or as an in-law suite. Additionally, a separate structure near the main house has been set up as a gym/workout room or as bonus storage space. The second home on the property built in 1979 delivers a mid-century vibe, flooded with natural light with stunning vaulted wood ceilings, a mid-century wood-burning fireplace, and unobstructed views to the Hollywood sign, Capital Records building, and the Griffith Park Observatory. This 1-bedroom, 2-bath house also houses a 4-car garage. Complete with its own address, private entrance, and outdoor patio area with more panoramic views, the seller currently generates considerable income as a short-term rental with no minimum stay requirements, but can also work perfectly as a creative workspace, or a private house for guests and extended family. Based on the lot size, the opportunity exists to further expand this house with the possible addition of two additional bedrooms & bathrooms. Fireplaces are considered decorative. Multiple updates and improvements too numerous to include will be provided upon request. This is a tranquil haven in the heart of Los Angeles that sets itself apart.

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Multi-Family Active

Price

$ 3,295,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.2955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24365825

Days on Market

40

Features
General
Interior Features CeilingFans CrownMolding CofferedCeilings
Heating Central
Cooling CentralAir
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Garage Spaces 4.0
Architectural Style Craftsman
Pool Features None
View CityLights Hills
Stories 2
Levels Two
Gross Income 0.0
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction South
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North of Franklin Ave West of Highland Ave
City Los Angeles
View Y/N Y
Senior Community Y/N N
Total Units 3
MLS Area C03 - Sunset Strip - Hollywood Hills West
Lot Size Square Feet 12871.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hillcrest
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 28
Standard Status Active
Expected Active Date 2024-03-18
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Interior
Flooring Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Road
Laundry Features Stacked
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 5
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Exterior
Total Parking 4.0
Lot Size Area 12871.0
Number of Buildings 2
Spa N
Building Area Total 3109.0
Lot Size Acres 0.2955
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1974
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* Excluded Features
List By
Compass

Broker

(310) 795-1440

Phone

Affordability Calculator

$23,017
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,017
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$3,295,000 Listed Price

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1974 Hillcrest Road, Los Angeles, CA, 90068 is a Multi-Family Home for sale at $3,295,000 with 3,109 sqft and a lot size of 0.2955. 1974 Hillcrest Road has 4 bedrooms and 5.0 baths. The property's zip code is 90068 which is in Los Angeles, CA