CnC Realty
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$1,375,000

2839 Hillcrest Drive

Los Angeles, CA 90016

Active

1927

Year Built

Los Angeles

County

Triplex

Property Type

About this home

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.

Listed by Diana Fang · DRE #01918964 · Landon Realty Group
MLS #1176131960
ListedMar 16, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units3
RoofN/A
Garage Spaces0
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingWall Window Units
HeatingWall Furnace
FireplaceN/A
LaundryInside
Parking FeaturesDriveway
Parking Total2
Patio & PorchN/A
Entry Level1
Entry Locationstreet
Common WallsOne Common Wall

Property Features

Lot Size0.15 ac
Lot FeaturesBack Yard, Front Yard
ViewNone
Directions1-10 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.

Community

AreaC16 - Mid Los Angeles
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Contract, Exchange1031, FHA, Fannie Mae, Freddie Mac, Government Loan, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$7,318/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:15 PM

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