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2531 Hillcrest Dr, Los Angeles, CA 90016

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For Sale

$1,299,000

6 beds • 3,122 sqft

Estimated Payment

$ 6,671 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $416.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

2531 Hillcrest presents an exceptional value-add opportunity in the heart of West Adams, one of LA's most rapidly evolving neighborhoods. This 6-unit courtyard-style bungalow complex offers investors the potential for 41% rental upside and a projected 8.95% market CAP, or up to 61% rental upside with the addition of an ADU (buyer to verify). Converting the 1-car garage into an ADU could push returns even further, stabilizing the property at a 10.57% CAP and 7.38 GRM based on market rents. Located just north of West Adams Blvd & La Brea Ave, this property benefits from the area's creative and cultural resurgence. West Adams has quickly become a hub for high-profile mixed-use developments, innovative office spaces, and a booming food scene, attracting young professionals and entrepreneurs looking for a dynamic urban lifestyle. The property also enjoys close proximity to the Expo Rail Line and major Silicon Beach tech hubs, ensuring long-term tenant demand. Additional amenities include one uncovered parking space and a 1-car garage, which is currently leased for additional income. Whether you're looking for cash flow, appreciation, or future development potential, 2531 Hillcrest is a strategic investment in one of LA's most promising neighborhoods.
MLS# 25510279

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Bungalow
  • Cooling System
    Window Unit(s) A/C

Map and Directions

Directions to 2531 Hillcrest Dr, Los Angeles, CA 90016

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $6,671
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $6,671

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Virginia Road Elementary

Grades KG-5 Public School

Los Angeles, CA 90016 0.4 miles
2925 virginia rd

244 total students
19:1 Student teacher ratio

School Rating: B-

School Details

Johnnie Cochran Jr. Middle School

Grades 6-8 Public School

Los Angeles, CA 90019 1.1 miles
4066 w johnnie cochran vis

522 total students
17:1 Student teacher ratio

School Rating: D+

School Details

Dorsey High School

Grades 9-12 Public School

Los Angeles, CA 90016 0.8 miles
3537 farmdale ave

816 total students
18:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Roenne's School 0.5 miles Private PK-T1
Stella Elementary Charter Academy 0.6 miles Public KG-3 C-
Cienega Elementary School 0.6 miles Public KG-5 C-
Alta Loma Elementary School 0.7 miles Public KG-5 C
Isana Nascent Academy 0.7 miles Public KG-8 C-
View Park Continuation 0.8 miles Public 9-12 F
St Paul Elementary School 0.9 miles Private KG-8
Spirit Child Development Center 1 miles Private KG
New Los Angeles Charter 1 miles Public 6-8 B-
Coliseum Street Elementary School 1.1 miles Public PK-5 C-
Stella Middle Charter Academy 1.1 miles Public 5-8 C+
Lashon Academy City 1.1 miles Public KG-6
Arlington Heights Elementary School 1.2 miles Public KG-5 C-
6th Avenue Elementary School 1.2 miles Public KG-5 D
Global Education Academy 2 1.2 miles Public KG-5 A-
Saturn Street Elementary 1.2 miles Public KG-5 C
City Kids La 1.2 miles Private KG-5

Roenne's School

Distance: 0.5 miles

Type Private

Grades: PK-T1

Stella Elementary Charter Academy

Distance: 0.6 miles

Type Public

Grades: KG-3

C-

Cienega Elementary School

Distance: 0.6 miles

Type Public

Grades: KG-5

C-

Alta Loma Elementary School

Distance: 0.7 miles

Type Public

Grades: KG-5

C

Isana Nascent Academy

Distance: 0.7 miles

Type Public

Grades: KG-8

C-

View Park Continuation

Distance: 0.8 miles

Type Public

Grades: 9-12

F

St Paul Elementary School

Distance: 0.9 miles

Type Private

Grades: KG-8

Spirit Child Development Center

Distance: 1 miles

Type Private

Grades: KG

New Los Angeles Charter

Distance: 1 miles

Type Public

Grades: 6-8

B-

Coliseum Street Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-5

C-

Stella Middle Charter Academy

Distance: 1.1 miles

Type Public

Grades: 5-8

C+

Lashon Academy City

Distance: 1.1 miles

Type Public

Grades: KG-6

Arlington Heights Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

C-

6th Avenue Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

D

Global Education Academy 2

Distance: 1.2 miles

Type Public

Grades: KG-5

A-

Saturn Street Elementary

Distance: 1.2 miles

Type Public

Grades: KG-5

C

City Kids La

Distance: 1.2 miles

Type Private

Grades: KG-5

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Los Angeles, CA 90016

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Los Angeles, CA 90016

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

79° August
Hottest Average Month
46° January
Coldest Average Month
15,201 Total Households in Area
-2.3% Increase in population since the year 2010
28.3%
of households
have children
34 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Los Angeles, CA 90016

Los Angeles, CA 90016 has a population of 43,646 people in 15,201 households with a median age of 37.7 years old.

-2.3%
Decrease in population
since the year 2010
Population is Trending down
15,975
Total households as of 2010
0.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 37.7 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 52%
Other 36%
Black 28%
White 15%
Asian 5%
Native American 3%
The most prevalent ethnicity is Hispanic at 52%, followed by Other at 36%, Black at 28%, and White at 15%.

Economics
for Los Angeles, CA 90016

12,147 /sq mi
Population Density
$61,188 /yr
Median Household Income
$998,750
Median Sales Price
34 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.19% of the households.

Transportation to Work

  • Drive 78%
  • Public Transit 10%
  • Work from Home 9%
  • Walk or Bike 3%

Occupancy by Type

Rented 9,299 58%
Owned 5,902 37%
Vacant 917 6%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Family & Education Facts
for Los Angeles, CA 90016

37.7 Median Age

Average Household Size

2.9
persons per
household

32.8%

Married Households

Community Population By Education

Some High School 23%
Some College 21%
High School Graduate 20%
Bachelors Degree 19%
Graduate Degree 10%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Some High School, representing 22.97% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.3% of households have children

Weather
for Los Angeles, CA 90016

The weather for this area ranges from a high of 79° F in August to a low of 46° F in January

79° August
Hottest Average Month
46° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
46°
66°
Feb
47°
67°
Mar
49°
68°
Apr
51°
70°
May
55°
72°
Jun
58°
74°
Jul
62°
78°
Aug
63°
79°
Sep
61°
79°
Oct
56°
76°
Nov
50°
72°
Dec
46°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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