Park Hills Heights (PHHT) Homes under $1.25 million

Park Hills Heights (PHHT) Homes under $1.25 million

Welcome to Park Hills Heights (PHHT), a vibrant and diverse neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry and community spirit, Park Hills Heights offers a unique blend of urban convenience and suburban charm. With its close proximity to downtown Los Angeles, residents enjoy easy access to a myriad of dining, shopping, and entertainment options, making it an ideal location for both families and young professionals alike.

One of the standout features of Park Hills Heights is its impressive array of homes available for under $1.25 million. This price point allows for a variety of housing options, from charming single-family homes to modern townhouses, catering to a range of tastes and lifestyles. Whether you’re looking for a cozy abode with a backyard for family gatherings or a stylish space to entertain friends, Park Hills Heights has something to offer everyone.

The neighborhood is also characterized by its lush green spaces and parks, perfect for outdoor enthusiasts and families seeking recreational activities. With a strong sense of community, residents often come together for local events and gatherings, fostering connections that make Park Hills Heights feel like home.

Investing in a property in this dynamic neighborhood not only provides a wonderful living experience but also promises potential for appreciation in the ever-evolving Los Angeles real estate market. Discover the charm and opportunity that Park Hills Heights has to offer, and find your dream home today!

Newest Park Hills Heights (PHHT) Homes under $1.25 million

4143 Don Tomaso Drive Unit 1, Los Angeles
$1,050,000
4 Beds ⋅ 4 Baths ⋅ 26102834 MLS ⋅ Active Status
See DOCS Section for OM. We are pleased to present the opportunity to acquire 4143 Don Tomaso Dr., a four-unit multifamily property located in the Baldwin Hills neighborhood of Los Angeles. Built in1954, the 2,888 square foot building sits on an 8,024 square-foot lot zoned LARD1.5 and is comprised entirely of one-bedroom, one-bath units. Three of the four units are vacant and providing both an investor or an owner-occupier. INVESTMENT HIGHLIGHTS - THREE UNITS DELIVERED VACANT Three of the four units are currently vacant, allowing a new owner to renovate and lease at market rents. OWNER-OCCUPIER OPPORTUNITY Occupy an upper unit with stunning views or a lower unit with large outdoor deck access. ALL ONE-BEDROOM UNIT MIX Four 1Bed+1Bath units averaging 722 square feet across 2,888 square feet of building area. RENTAL UPSIDE The occupied unit is leased at $700 against a $2,300 market rent. At market, the property prices to a 7.55% cap rate and 9.51 GRM.PRICED BELOW COMPARABLES The offering prices to $262,500 per unit and an11.51 GRM against comparable averages of $289,688 per unit and 13.35.LARGE 8,024 SF LOT The LARD1.5-zoned parcel provides room for on-site parking and future improvements. PRIME BALDWIN HILLS LOCATION Minutes from Baldwin Hills Crenshaw Plaza, the Metro K Line, Kenneth Hahn State Recreation Area, Culver City and the I-10. UNIT DETAILS - Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. Upper units have great views that are accentuated by ample window space. Lower units share access to a roughly 450 square foot deck which is the roof of the garages below. Due to the large unit sizes, investors may want to explore the possibility of adding washer/dryers in each unit. COMMON AREA DETAILS - The property has a privacy-friendly design that rises two levels above the street on a large hillside lot. Parking is provided on site with two large garages totaling 4 spaces at front street level. There is also space for tandem parking two cars behind the building in the paved area which is accessed by a driveway shared with 4-plex next door. A laundry room that contains a washer dryer is not currently being utilized by the tenant. All units are separately metered for electricity and gas, the tenants pay for their own trash, and the landlord pays for water. There is also ample street parking across from the property.

4143 Don Tomaso Drive Unit 1, Los Angeles

3895 3rd, Los Angeles
$1,199,000
3 Beds ⋅ 2 Baths ⋅ LG26217305 MLS ⋅ Coming Soon Status
Welcome to 3895 3rd Avenue, a beautifully renovated, single-level California bungalow built in 1921, featuring 3 bedrooms and 2 bathrooms. Located in the heart of Leimert Park, this charming home is part of one of Los Angeles' most established neighborhoods, celebrated for its tree-lined streets, rich history, and distinctive architectural character. This home has been extensively renovated, bringing modern updates to a classic Los Angeles bungalow. Improvements include a beautifully remodeled kitchen, updated bathrooms, new flooring and windows, a new roof, new exterior stucco, a new HVAC system, and updated electrical and plumbing. Outside, new landscaping and hardscaping enhance the property's curb appeal and outdoor spaces. A newly installed driveway offers parking for multiple vehicles, while the detached one-car garage has been refreshed with new stucco, roof, epoxy-coated floor, drywall, and fresh paint. Inside, the bright and inviting living room is filled with natural light. The open floor plan is complemented by a beautiful wood-beamed ceiling that brings warmth and character to the space, while the thoughtfully renovated kitchen adds modern style and functionality. A spacious primary suite offers a comfortable retreat, while the single-level design provides a practical and functional layout. The location is another highlight. Situated in Leimert Park, the home is close to West Adams, Jefferson Park, USC, SoFi Stadium, and a variety of local restaurants, shops, and parks. Downtown Los Angeles, LAX, and surrounding communities are also conveniently accessible. With its extensive renovations, classic bungalow character, and desirable location, 3895 3rd Avenue is ready for its next chapter.

3895 3rd, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.