About 2839 Hillcrest Drive
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.
Features of 2839 Hillcrest Drive
| MLS® # | SR26208145 |
|---|---|
| Price | $1,295,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Lot Size | 6,502 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 2839 Hillcrest Drive |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90016 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Driveway |
| Garages | Driveway |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Dishwasher, Refrigerator, Vented Exhaust Fan |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Back Yard, Front Yard |
|---|
Additional Information
| Date Listed | September 10th, 2026 |
|---|---|
| Days on Market | 12 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Diana Fang |
|---|---|
| Office | Landon Realty Group |