2839 Hillcrest Drive, Los Angeles, California 90016
- $1,375,000
- $1,375,000
Overview
- Triplex, Residential Income
- 3462 Sqft
- 1927
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
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Address: 2839 Hillcrest Drive
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90016
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Country: US
Details
Updated on July 2, 2026 at 1:25 pm-
Property ID SR26136264
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Price $1,375,000
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Property Size 3462 Sqft
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Land Area 0.1493 Acres
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Year Built 1927
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Driveway
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Community Features Urban
Mortgage Calculator
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