2839 Hillcrest Drive, Los Angeles, CA 90016
- 3,462 sqft
Triplex 
Built in 1927 
6,504sqft lot
—— car garage 
$374/sqft 
Listed 28 days ago
Property 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.
- Listing Status:
- Active
- Date Added:
- October 1, 2026
- Data Last Updated:
- October 8, 2026 at 9:16PM
- Listing Office:
- Landon Realty Group : 818-613-1767
- Listing Agent:
- Diana Fang : 213-422-4358
- Contact:
- 213-422-4358
- MLS ID:
- SR26208145
- General: None
- Pool: None
- Parking: DrivewayParking spaces: 2
- General: 2
- HOA Amenities: 0.0
- Originating MLS: CRMLS_CRM
- County: Los Angeles
- Zoning: 5057007019
- View: None
- Water: Public
- Sewer: Public Sewer
- Source: CRMLS_CRM
This listing courtesy of Diana Fang , Landon Realty Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
