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For Sale

2839 Hillcrest Drive

2839 Hillcrest Drive, Los Angeles, CA 90016

$1,295,000
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.

10/3/2026 2:00PM - 4:00PM PDT

10/4/2026 1:00PM - 4:00PM PDT

Studio

3,462 Sq.Ft. LIVING AREA

6,502 Sq.Ft. lot

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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 2839 Hillcrest Drive, Los Angeles, CA 90016. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Inside
  • APPLIANCES Dishwasher, Refrigerator, Vented Exhaust Fan

Area & Lot

  • Status For Sale
  • OPEN HOUSE

    10/3/2026 2:00PM - 4:00PM PDT

    10/4/2026 1:00PM - 4:00PM PDT

  • Living Area3,462 Sq.Ft.
  • Total Area3,462 Sq.Ft.
  • Lot Area6,502 Sq.Ft.
  • MLS® IDSR26208145
  • TypeMulti-Family
  • YEAR BUILT1927
  • NeighborhoodLos Angeles
  • View DescriptionNone

Exterior

  • STORIES2
  • water SourcePublic
  • PoolNone
  • lot featuresBack Yard, Front Yard
  • parkingDriveway
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$1,295,000
  • Maintenance Fee $1,146/mo

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