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2839 Hillcrest Drive, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:CENTURY 21 Masters
2839 Hillcrest Drive,Los Angeles, CA 90016
$1,295,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: diana fang
Office: landon realty group
MLS#:SR26208145
Source:MLSListings

Price summary

  • Price:$1,295,000

About this home

Seize a rare opportunity to acquire a cash-flowing triplex in West Adams — one of Los Angeles' most dynamic and appreciating neighborhoods. This turnkey asset offers immediate upside: the main 4BD/2BA unit is ready to rent or live in with a 3BD/2BA second unit, and a 1BD/1BA rear unit — all with a private yards — maximizing rental income. Based on pro forma rents for the 4bd unit, the property offers an estimated Gross Operating Income of $106,680 and Net Operating Income of $80,455, reflecting a 12.14 GRM and a 6.2% cap rate. Located just 12 minutes from USC, and 15-25 minutes from most of the LA area, the property draws steady rental demand from the university-adjacent community as well as anyone who likes being 20 minutes from everywhere and steps from some of LA's most exciting new restaurants.

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Home facts

  • Year built:1927
  • Listing ID #:SR26208145
  • Added:26 day(s) ago
  • Updated:October 29, 2026 at 04:37 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Refrigerator

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1927
  • Lot area:0.15 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,295,000

Parking

  • Parking description:Other
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