2839 Hillcrest Drive Los Angeles, CA $ 1,375,000
2839 Hillcrest Drive
$ 1,375,000
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2839 Hillcrest Drive

Los Angeles, CA, 90016
$ 1,375,000
Baths1.0 Sq 3,462

Monthly Estimate*

$ 8,682

Listed by Landon Realty Group
2839 Hillcrest Drive, Los Angeles, CA 90016 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,375,000 with 1 full bath. This 3,462 square foot home was built in 1927 on a lot size of 0.1493.

Seize a rare opportunity to a cash-flowing triplex in West Adams-one of Los Angeles' most dynamic neighborhoods. Offered at $1,375,000 with a 12.89 GRM and a 5.8% cap rate, this turnkey asset delivers immediate, stable returns from day one. The property features a strong unit mix: a 4BD/2BA main unit, a 3BD/2BA second unit, and a 1BD/1BA rear unit (non-RSO) with large private yard maximizing rental income. The property has also been meticulously maintained with many upgrades including copper plumbing, electrical, roof to name a few. Located just 12 minutes from USC, the property draws from a deep and consistent rental pool of students, faculty, and university-area professionals. Quick access to the I-10 and CA-110 freeways puts tenants within easy reach of Downtown Los Angeles, Culver City, and beyond.

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Multi-Family Active

Price

$ 1,375,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1493

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26136264

Days on Market

114

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Dishwasher Refrigerator Vented Exhaust Fan
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1927
Tenant Pays Electricity Gas Trash Collection
View None
Property Subtype Triplex
Gross Income 106688
Community Features Urban
County Los Angeles
Net Operating Income 78026
Operating Expense 27224
Insurance Expense 3890
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1146
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 1-10 freeway exit S La Brea Ave E on W Adams S on Hillcrest or exit Crenshaw Blvd. S to W 28th St. S on Hillcrest.
City Los Angeles
Entry Location street
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6502
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional Contract 1031 Exchange FHA Fannie Mae Freddie Mac Government Loan VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 0
Water Sewer Expense 2781
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 557
Total Actual Rent 8891
Property Sub Type Additional Triplex
Taxes 17187
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Driveway
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 2
Lot Size Area 6502
Number of Buildings 2
Spa false
Building Area Total 3462
Lot Size Acres 0.1493
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Landon Realty Group

Broker

diana@phoenixpropertiesla.com

Email

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$8,682
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Monthly Principal & Interest
$8,682
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2026$1,375,000 Listed Price

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2839 Hillcrest Drive, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,375,000 with 3,462 sqft and a lot size of 0.1493. 2839 Hillcrest Drive is a studio with 1.0 baths and was built in 1927. The property's zip code is 90016 which is in Los Angeles, CA