3135 Oakcrest Drive, Los Angeles, CA 90068

$2,000,000 Asking Price

5 beds
3 baths
3,442  sqft
Built in 1928

Trust Sale. No Court Confirmation required. For sale AFTER 55 years! Unique opportunity to own a Spanish Style 5 bed 3 bath home with basement in Hollywood Hills. Property is approx. 3,442 SF living area on a 3,512 lot SF. MUST be bought together with adjacent property, 3131 Oakcrest (APN# 2429-017-004), listed separately for sale under MLS# 24-444013, for $1MM. Both houses share all utilities, which are all currently under 3135 Oakcrest. Total sales price for BOTH houses is $3MM. Unique opportunity for an investor to live in one house, and rent/AirBnB the other. The property needs rehab and updating. Great opportunity for an owner, or an investor, to make this home a true gem it can be, and realize substantial benefits. Just minutes from Universal Studios, Runyon Canyon, and everything Iconic Hollywood has to offer. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. Buyer to independently verify the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or un-permitted spaces. Seller will not be responsible for any repairs, inspection reports, termite work, trash out, and mandatory government retrofit requirements prior to close. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.

Features & Amenities

Interior

General:
Breakfast Bar,Separate/Formal Dining Room,High Ceilings,Recessed Lighting
Appliances:
Double Oven,Dishwasher,Gas Cooktop,Gas Range,Microwave,Refrigerator,Range Hood,Dryer,Washer
Flooring:
Carpet,Tile,Vinyl,Wood
A/C:
false, None
Heating:
true, Fireplace(s)
Fireplace:
Family Room,Living Room, Fireplace

Exterior

General:
None
Style:
Spanish
Pool:
None
Parking:
Driveway,Uncovered, Parking spaces: 2

Construction

Windows:
Bay Window(s)
General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 2429017001
View:
View

Utilities

Water:
Public
Sewer:
Other

Financial

Source:
CRMLS

This listing courtesy of:
Ingenious Asset Group, Inc., Vineendra Jain

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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