3135 Oakcrest Dr - Multi-Family FOR SALE


Los Angeles, CA 90068- Hollywood Hills
$1,400,000 USD
310-704-3616
3135 Oakcrest Dr, Los Angeles, CA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/29
null | Request Cap Rate

3135 Oakcrest Dr
Los Angeles, CA 90068
Hollywood Hills


HIGHLIGHTS

  • Worldbid Auction September 23
  • 2 homes sold together - separate APN's and access
  • Starting bid $1.4 million
  • Properties sold in as is condition
  • Trust Sale

OVERVIEW

Premiere Estates International Worldbid Auction of 3131 and 3135 Oakcrest Drive Los Angeles will be sold together 3131 OAKCREST DRIVE • 1 Bedroom • 1 Bathroom • 950 SF Home • 3,559 SF Lot • Pool 3135 OAKCREST DRIVE • 5 Bedroom • 3 Bathroom • 3,442 SF Home • 3,512 SF Lot • All utilities connected to this house FEATURES • Unique opportunity to live in one home and rent or Airbnb the other • Potential for income or capital gains by separating utility services • Prime location near Universal Studios, Runyon Canyon, and iconic Hollywood • Sold AS IS, WHERE IS - no warranties, repairs, or representations Starting bid is $1.4 million - previously listed at $2.5 million PRE AUCTION BIDS DUE NOW THRU SEPTEMBER 5TH, 2025 PT BIDS DUE PRIOR TO OR ON SEPTEMBER 23RD, 2025 NOON PT PRE AUCTION OFFERS • A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding. • Pre auction offers may be submitted on a standard CAR (California Association of Realtors) purchase contract. Pre Auction offers may have any contingency a buyer requests. • The Pre Auction offer must be submitted no later than September 5th, 2025 and the following occurs: - The buyers offer is accepted by the seller and the buyer closes on the purchase of the property not later than September 13th, 2025 OR - The buyer’s contingencies are removed no later than September 13th, the buyer’s deposit becomes non refundable and is released to the seller. • No exceptions to the date deadlines will be accepted. • The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable). AUCTION DAY BIDDING • Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract 1. Qualifying round bids are due on September 23rd noon 2025 PT and must be emailed DJaffe@PremiereEstates.com 2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by September 23rd 3pm 2025 PT, they are approved to submit their final bid. 3. The bidders, which have qualified to bid in the Final Bid round are due on September 24th, 2025 noon PT. • Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract. • Escrow Shall close no later than October 24th, 2025. • The Sealed Bid auction purchase is available at PremiereEstates.com (under this property tab). • Auction day bids are completely non contingent

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

2

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Worldbid Auction - 2 Homes sold together

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,528 SF

ZONING

SFR

APN/PARCEL ID

2429-017-001,2429-017-004

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.