2839 Hillcrest Drive, Los Angeles, CA 90016
List Price: $1.38M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1927
Lot Size: 6,502 sq ft
Private Pool: Yes
MLS Number: SR26136264
About This Property
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.
Listing provided by: Diana Fang DRE #01918964 818-613-1767 diana@phoenixpropertiesla.com, Landon Realty Group
Source: CRMLS, MLS #: SR26136264
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.