2839 Hillcrest Drive, Los Angeles, California 90016
  • $1,375,000

Overview

Property ID: SR26136264
  • Triplex, Residential Income
  • Property Type
  • 3462 Sqft
  • Area Size
  • 1927
  • Year Built

Description

Seize a rare opportunity to a cash-flowing triplex in West Adams-one of Los Angeles’ most dynamic neighborhoods. Offered at $1, 375, 000 with a 12.89 GRM and a 5.8% 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.

  • Address: 2839 Hillcrest Drive
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90016
  • Country: US

Details

Updated on July 2, 2026 at 1:25 pm
  • Property ID SR26136264
  • Price $1,375,000
  • Property Size 3462 Sqft
  • Land Area 0.1493 Acres
  • Year Built 1927
  • Property Type Triplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Driveway
  • Community Features Urban

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