$1,490,000

2839 Hillcrest Drive, Los Angeles, CA 90016

  • 8 beds
  • 3,462 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $430/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Seize a rare opportunity to acquire a fully occupied, cash-flowing triplex in West Adams one of Los Angeles' most dynamic neighborhoods. Offered at $1,490,000 with a 13.96 GRM and a 5.24% 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.

Listing Status:
Active
Date Added:
April 17, 2026
Data Last Updated:
April 18, 2026 at 1:08PM
Listing Office:
The Collective Realty : 310-569-1335
Listing Agent:
Diana Tiao : 213-583-0874
MLS ID:
CL26699447
  • Laundry: DryerWasher
  • Parking: OtherParking spaces: 0
  • County: Los Angeles
  • Zoning: LARD25057007019

This listing courtesy of Diana Tiao , The Collective Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Virginia Road Elementary

2925 Virginia Rd, Los Angeles, CA, 90016

Grades KG-5

0.23 miles away

J

Johnnie Cochran Jr. Middle School

4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019

Grades 6-8

1.27 miles away

D

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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