2839 Hillcrest Dr, Los Angeles, CA 90016
2839 Hillcrest Dr, Los Angeles, CA 90016
2839 Hillcrest Dr, Los Angeles, CA 90016
55
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$1,490,000
Est. payment /mo
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8 Beds
5 Baths
3,462 SqFt
New

2839 Hillcrest Dr Los Angeles, CA 90016

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,462 sqft

Price per Sqft $430

MLS Listing ID 26699447

Bedrooms 8

Year Built 1927

Lot Size 6,502 Sqft

Acres 0.1493

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Window Unit(s)

Equipment Refrigerator, Range/Oven, Dishwasher, Washer, Vented Exhaust Fan, Dryer

Exterior

Parking Features Driveway

Building

Level or Stories One, Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by The Collective Realty

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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2839 Hillcrest Dr