2839 Hillcrest Drive, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
2839 Hillcrest Drive,Los Angeles, CA 90016
$1,295,000
- 8 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: diana fang
Office: landon realty group
MLS#:SR26208145
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,295,000
About this home
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.
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Home facts
- Listing ID #:SR26208145
- Added:29 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,295,000
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