2839 Hillcrest Drive

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.

10/25/2026 1:00PM - 4:00PM PDT

Studio

3,462 Sq.Ft. LIVING AREA

6,502 Sq.Ft. lot

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Thank you for your interest in 2839 Hillcrest Drive, Los Angeles, CA 90016. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Interior

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

Area & Lot

Status For Sale
OPEN HOUSE

10/25/2026 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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$1,295,000

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Features & Amenities

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Exterior

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Contact Details

Jennifer Landon | CA DRE# 01281552

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