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$1,295,000
3 Days On Site

2839 Hillcrest Drive
Los Angeles, CA 90016

For Sale|Triplex|Active
0
Beds
0
Total Baths
3,462
SqFt
$374
/SqFt
1927
Built
County:
Los Angeles
Listed by Diana Fang of Landon Realty Group diana@phoenixpropertiesla.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
Upcoming Open Houses
Sun, Oct 4, 1:00 PM - 4:00 PM
2839 Hillcrest Drive2839 Hillcrest Drive2839 Hillcrest Drive2839 Hillcrest Drive
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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.

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Listing Snapshot
Price 
$1,295,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,462 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1493 Acres
Year Built 
1927
MLS® Number 
SR26208145
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1493
Land Lease 
No
Number Of Stories 
2
Parking 
Driveway
Parking Spaces 
2
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3462
Water Source 
Public
Interior Features
Appliances 
DishwasherRefrigeratorVented Exhaust Fan
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Laundry Features 
Inside
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Exterior Features
Lot Features 
Back YardFront Yard
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
MLS Area 
C16 - Mid Los Angeles
Financing Terms Available 
CashConventionalContractFHAVA Loan1031 Exchange
Building Access 
street


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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