2839 Hillcrest Drive, Los Angeles, California 90016

  • $1,295,000
2839 Hillcrest Drive, Los Angeles, California 90016
Active Updated/Remodeled
2839 Hillcrest Drive, Los Angeles, California 90016
2839 Hillcrest Drive, Los Angeles, California 90016
  • $1,295,000

Description

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.

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

Details

Updated on October 25, 2026 at 11:43 pm
  • Property ID: SR26208145
  • Price: $1,295,000
  • 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

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman