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2839 Hillcrest Drive

Los Angeles, CA 90016
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Bed 8

Bed

Bath 5

Bath

SqFt6,502

Sqft(Lot)

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 n ew restaurants.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,295,000

AD Id : 91615697

MLS Id : SR26208145

Beds : 8

Lot Size : 6,502 Sq. Ft

Year Built : 1927

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: Dishwasher, Refrigerator, VentedExhaustFan
    Laundry Features: Inside
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1927
    Building Area Total: 3462
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6502 Lot Size Acres: 0.1493 Lot Size Source: Assessor Lot Size Square Feet: 6,502 Lot Description: BackYard,FrontYard

  • Listing Price Information

    Listing Price: $1295000
    Cash, CashToNewLoan, Conventional, Contract, Exchange1031, FHA, FannieMae, FreddieMac, GovernmentLoan, VaLoan

  • Tax Information

    Parcel Number: 5057007019 Tax Lot: 557

  • Location Information

    Direction: 1-10 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2104 Crenshaw Boulevard, Los Angeles, CA, 90016 $1,400,000 6 4 -- 7,646 Sq. Ft
2510 Crenshaw Boulevard, Los Angeles, CA, 90016 $999,990 6 4 2,922 7,917 Sq. Ft
2840 Wellington Road, Los Angeles, CA, 90016 $3,795,000 16 18 -- 6,300 Sq. Ft
2153 S West View Street, Los Angeles, CA, 90016 $2,649,000 14 15 -- 6,001 Sq. Ft
2336 S Longwood, Los Angeles, CA, 90016 $2,295,000 5 4 -- 3,578 Sq. Ft
2424 S West View, Los Angeles, CA, 90016 $2,695,000 14 16 -- 4,808 Sq. Ft
3526 Farmdale, Los Angeles, CA, 90016 $1,200,000 5 3 2,212 6,261 Sq. Ft
2829 S Rimpau, Los Angeles, CA, 90016 $939,000 5 2 1,708 5,202 Sq. Ft
2829 S Rimpau, Los Angeles, CA, 90016 $939,000 5 2 1,708 5,202 Sq. Ft
2720 S Sycamore Avenue, Los Angeles, CA, 90016 $1,300,000 8 5 2,600 4,812 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/02/2026 @ 02:18

MLS: SR26208145 LISTED BY: Diana Fang, Landon Realty Group 818-613-1767 SOURCE: CRMLS

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