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Listed by Landon Realty Group, Diana Fang, Listing Contact: 213-422-4358

$1,295,000

2839 Hillcrest DR, Los Angeles CA, 90016

Price per sqftN/A
Built in1927
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 36h 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
CRSR26208145

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Landon Realty Group, Diana Fang DRE:01918964,
Listing Contact: 213-422-4358 

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Data last updated 4:56 AM UTC, 10/6/2026

 

 

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