Home | Los Angeles County | Los Angeles | 90016 | 2839 Hillcrest Dr
MLS: CRSR26208145 | Status: Active | Price: $1,295,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,502 | 1927 |
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.
| Field | Value |
|---|---|
| MLS # | CRSR26208145 |
| MLS Source | California Regional MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Kitchen | Exhaust Fan |
| Appliances | Dishwasher, Exhaust Fan, Other, Refrigerator |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Diana Fang
Landon Realty Group
License #: 01918964
Phone: (213) 422-4358
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2911 S Palm Grove Ave | $1,225,000 | – | – | – | Active |
| 1636 S Ridgeley | $1,196,000 | – | – | – | Contingent |
| 1870 W 37th Pl | $1,049,000 | – | – | – | Active |
| 1817 Roosevelt Ave | $1,050,000 | – | – | – | Active |
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This listing information is up-to-date as of October 05, 2026. For the most current information, please contact Diana Fang, (213) 422-4358.