2839 Hillcrest Drive

Los Angeles, CA 90016

6,502 sq ft lot
Built 1927

Listed by: Landon Realty Group · 213-422-4358

About this home

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.

Home details

Interior

Appliances: Refrigerator, Vented Exhaust Fan, Dishwasher
Laundry: Inside
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace

Exterior & lot

Lot size: 6,502 sq ft (0.15 acres)
Lot features: Front Yard, Back Yard
View: None
Pool: None
Garage spaces: 0
Parking: Driveway
Common walls: 1 Common Wall

Property & community

Property type: Triplex
Year built: 1927
Community: Urban
County: Los Angeles
MLS #: SR26208145
Listed: Oct 1, 2026

Location

Listed by: Landon Realty Group · 213-422-4358

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 7, 2026 3:30 am.