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About This Home
This 8-bedroom, 5-bathroom residential multi family at 2839 Hillcrest Dr in Los Angeles, CA is listed for $1,490,000 ($430 per sqft). Built in 1927, the home offers 3,462 sqft of living space on a 0.15 acres lot.
Seize a rare opportunity to acquire a fully occupied, cash-flowing triplex in West Adams one of Los Angeles' most dynamic neighborhoods. Offered at $1,490,000 with a 13.96 GRM and a 5.24% 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.
Key Features
- Built in 1927
- 0.15 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$7,969/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2839 Hillcrest Dr
Los Angeles, CA 90016
Property Details
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 5-bathroom residential multi family at 2839 Hillcrest Dr is listed at $1,490,000 ($430/sqft). The estimated monthly payment is $6,457 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.15 acre lot, 2 stories.
This property is listed by Diana Tiao and can be reached at 2135830874 or diana@tiaoproperties.com.
