Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under Contract

2818 Hillcrest Drive

Los Angeles, CA, 90016

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$620,000

MLS: 25526881

Beds

2

Baths

2

Sq Ft

1,315

Lot

0.16 ac

Year Built

1928

MLS #

25526881

Days on Market

318

Listed

Apr 28, 2025

Description

New Co-Ownership Opportunity: Discover timeless elegance and modern comfort in this beautifully restored Spanish Revival residence part of a Tenancy-in-Common (TIC) offering ideally situated in the heart of the flourishing West Adams Arts District. Located on the ground level, 2818 Hillcrest Drive is a captivating blend of heritage architecture and contemporary living, thoughtfully designed across 1,315 square feet. This 2-bedroom, 2-bath home welcomes you with preserved original hardwood floors, graceful built-ins, and a striking decorative fireplace that nods to the home's classic roots. Recent renovations elevate the space with dual-pane windows, LED recessed lighting, a mini split HVAC system, and upgraded electrical ensuring both charm and efficiency. Enjoy the ease of in-unit laundry tucked into a convenient closet, a private patio perfect for al fresco dining or lounging, and a covered one-car garage. Every detail has been considered to balance character with livability. Positioned within one of Los Angeles' most exciting cultural corridors, this home places you steps away from acclaimed restaurants, coffee shops, and creative venues. With close proximity to Metro lines and major studios such as Sony Pictures, The Culver, and Amazon Studios, daily convenience meets dynamic urban living. 2818 Hillcrest Drive where architectural legacy meets inspired West Adams energy. A rare TIC opportunity not to be missed.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Stephanie Younger · Compass

Payment estimate

$4,607

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,000 · Loan: $558,000

%
Principal & Interest
$3,428
Property tax (1.25%)
$646
Homeowners insurance
$300
Mortgage insurance
$233
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $21,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90016 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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