3 months on rocket

3143 Hollycrest Dr, Los Angeles, CA, 90068

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,998 SqFt
$500/SqFt
House
Schools Nearby

Location

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3143 Hollycrest Dr, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered
Year Built1954
HeatingWall Furnace
MLS #24346183
Lot Size0.15 Acres
StatusActive

About 3143 Hollycrest Dr

We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one vacant unrenovated unit that can be remodeled and rented out at market rate or occupied by an owner/user. Only one unit has been lightly renovated at this property, which boasts a tremendous opportunity for a new investor to add significant value to this property over the course of ownership. Units 1 and 2 are larger floorplans that are identical with larger living rooms and a dining area. Unit 2 and 3 are slightly smaller floorplans and have a dining area as well. Units 3 and 4 both come with high ceilings that allow for lots of light and a very spacious feel for tenants. Only one long-term tenant occupies this property, and their rent is over $2200 per month.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2
  • Living Area: 2,998 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

Interior Features

Interior Information:

  • Appliances: Gas Oven
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Hollywood Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Valley View Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: heading north on Barham Blvd, make a right at Lake Hollywood Dr, right at Primera. Property will be on the right hand side the fork in the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $500/SqFt

Tax Information:

  • Annual Amount: $15,230
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

3143 Hollycrest Dr vs Los Angeles

105 DAYS ON ROCKET

+71 Days

$1,500,000

+$524K More

$500/SqFt

-$128 Less

KEY TAKEAWAY

This property is $524K more than the Median Sold Price and $128/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24346183

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2021Home Sold
$1,425,000
Oct 15, 2014Home Sold
$985,000
Nov 09, 2012Home Sold
$720,000
Apr 14, 1994Home Sold
$249,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,230$1,237,309
2020$13,078$1,224,622
2019$13,063$1,061,226
2018$12,735$1,040,419
2017$12,735$1,020,020

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3174276
7
/10
  • Valley View Elementary School

  • 6921 Woodrow Wilson Dr

  • 0.22 miles

  • Public District Grades KG-6

school-card-donut-3174277
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.04 miles

  • Public Magnet Grades KG-6

school-card-donut-3174278
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.63 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3174279
4
/10
  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 2.77 miles

  • Public Magnet Grades 6-8

school-card-donut-3174280
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3174281
5
/10
  • Hollywood Senior High School

  • 1521 N Highland Ave

  • 2.04 miles

  • Public Magnet Grades 9-12

school-card-donut-3174282
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.90 miles

  • Public Magnet Grades 9-12

school-card-donut-3174283
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 9.93 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,529. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3143 Hollycrest Dr

What is the listing price of this property?

The listing price of 3143 Hollycrest Dr property is $1,500,000.

What type of property is this?

The property 3143 Hollycrest Dr is a house located in Los Angeles, California, 90068.

Is this property for sale now?

Active Listing: 3143 Hollycrest Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3143 Hollycrest Dr are:
Valley View Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Hollywood Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,230 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 23, 2021 for $1,425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3143 Hollycrest Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 3143 Hollycrest Dr is 2,998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3143 Hollycrest Dr is 1954.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900683143 Hollycrest Dr

This home is located at 3143 Hollycrest Dr in Los Angeles, CA and zip code 90068 in the Central LA neighborhood. This 2,998 square foot home, which was built in 1954, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $1,500,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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