2839 Hillcrest, Los Angeles CA 90016 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Diana Fang of Landon Realty Group. Last updated 2026-10-14 08:10:59.000000. Listing information © 2026 Sandicor.

Asking Price: $1,295,000 | ​​​​​​​

2839 Hillcrest, Los Angeles CA 90016

Community: ​C16 - Mid Los Angeles

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This Triplex property was built in 1927 and is priced at $1,295,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: SR26208145
  • Type: Triplex
  • Year Built: 1927
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152