20
See all 20 photos
$1,375,000
Est. payment /mo
8 Beds
5 Baths
6,502 Sqft Lot
New
2839 Hillcrest Drive Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26136264
Bedrooms 8
Lot Size 6,502 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Public Rec
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.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5057007019
Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract, VA
Listing Terms Cash, Conventional, Exchange, FHA, Land Contract, VA
Listed by Diana Fang, DRE#01918964 Landon Realty Group
Nearby Locations
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