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6311 Overhill Dr, Los Angeles, CA 90043

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For Sale
Sale Pending

$995,000

4 beds • 2,250 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $442.22
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

An exceptional opportunity to reside in the desirable Park Hills Heights neighborhood, offering a fantastic alternative for those considering a condo or single-family home. This property presents significant owner-occupancy potential, ideal for buyers who wish to live in one unit while benefiting from rental income generated by the other units. Front 2 bedroom unit WILL be vacant at close of escrow. Additionally, there are value-add opportunities with rental upside: currently all units are occupied with rents below the market rate, providing the chance to adjust rents as tenants vacate. With the added potential to add an Accessory Dwelling Unit (ADU), this property offers strong income growth prospects, making it a great option for both investors and developers. A well-maintained multi-unit triplex located in the heart of Los Angeles. This spacious property features one 2-bedroom, 2-bathroom unit and two 1-bedroom, 1-bathroom units. Each unit blends original hardwood floors with modern updates, preserving the building's charm while offering a warm, inviting atmosphere enhanced by abundant natural light. The front 2-bedroom, 2-bathroom unit boasts an open-concept layout, ideal for flexible living. All units are equipped with washer and dryer hookups, as well as private garage spaces for added convenience. The property offers both front and back yards, providing ample space for outdoor enjoyment and entertaining. With LARD2 zoning, there's potential for future development, check with the City and County for specific development options. Ideally located in the vibrant Park Hills Heights neighborhood, this property is adjacent to the Windsor Hills, View Park, and Ladera Heights areas. It's within walking distance of Ladera Park and the bustling Slauson/Overhill corridor, filled with shops and dining options. Just minutes from Ladera Park, Kenneth Hahn Park, the Culver City Stairs, Fox Hills, major freeways, the Inglewood stadiums, LAX, and Marina Del Rey, this property offers unparalleled convenience in one of Los Angeles' most dynamic neighborhoods. Consider this opportunity to own a versatile property in one of LA's most exciting and sought-after neighborhoods.
MLS# 24-405787

Courtesy Of Compass

(310) 437-7500

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 6311 Overhill Dr, Los Angeles, CA 90043

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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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