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Listed by Landon Realty Group, Diana Fang, Listing Contact: 213-422-4358 
8 Beds
5 Baths

$1,295,000

2839 Hillcrest Drive, Los Angeles CA, 90016

Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 3 days ago

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.

$8,616/mo

Est. mortgage payment based on a $1,295,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26208145

Interior Features

Bedrooms
8
Bathrooms
5
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

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Data last updated 3:02 AM UTC, 10/5/2026

   

 

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