For Sale Triplex MLS# SR26208145

2839 Hillcrest Drive

Los Angeles, CA 90016

$1,295,000

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About 2839 Hillcrest Drive

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.

Property details

Property

Type
triplex
Year built
1927
Living area
3,462 sqft
Price / sqft
$374
Lot
0.1493 ac
List date
Sep 10, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
West Adams
Neighborhood
West Adams

Location

Neighborhood
West Adams
School district
Los Angeles Unified School District

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Listed by Diana Fang, Landon Realty Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.