2839 Hillcrest Drive, Los Angeles, CA 90016
Local realty services provided by:CENTURY 21 LOTUS
2839 Hillcrest Drive,Los Angeles, CA 90016
$1,490,000
- 8 Beds
- 5 Baths
- 3,462 sq. ft.
- Multi-family
- Active
Listed by: diana tiao
Office: the collective realty310-569-1335
MLS#:26699447
Source:CRMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$430.39
About this home
Seize a rare opportunity to acquire a fully occupied, cash-flowing triplex in West Adams one of Los Angeles' most dynamic neighborhoods. Offered at $1,490,000 with a 13.96 GRM and a 5.24% cap rate, this turnkey asset delivers immediate, stable returns from day one. The property features a strong unit mix: a 4BD/2BA main unit, a 3BD/2BA second unit, and a 1BD/1BA rear unit (non-RSO) with large private yard maximizing rental income. The property has also been meticulously maintained with many upgrades including copper plumbing, electrical, roof to name a few. Located just 12 minutes from USC, the property draws from a deep and consistent rental pool of students, faculty, and university-area professionals. Quick access to the I-10 and CA-110 freeways puts tenants within easy reach of Downtown Los Angeles, Culver City, and beyond.
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Home facts
- Year built:1927
- Listing ID #:26699447
- Added:6 day(s) ago
- Updated:April 24, 2026 at 10:26 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Kitchen Description:Dishwasher, Refrigerator, Vented Exhaust Fan
- Living area:3,462 sq. ft.
Structure and exterior
- Year built:1927
- Building area:3,462 sq. ft.
- Lot area:0.15 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$430.39
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Driveway
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