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Millman Team Real Estate

$1,375,000
0.15 Acre Lot

2839 Hillcrest Drive, Los Angeles, California 90016

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1927 Year Built
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.

Basic Details
Residential Income
For Sale
SR26136264
$1,375,000
None
1927
0.15 Acre
Active
1
Triplex
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Driveway
: Inside
: Public Sewer
$0
Appliances
: Dishwasher, Refrigerator, Vented Exhaust Fan
Address Map
CA
Los Angeles
Los Angeles
90016
Hillcrest
2839
Drive
W119° 39' 24.6''
N34° 1' 47.7''
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.
C16 - Mid Los Angeles
Additional Information
$0
$0
$0
$0
$0
3462
: Urban
1
: Back Yard, Front Yard
3
2026-06-26
2
: Public
Broker/Agent Information
Landon Realty Group
Diana Fang
Listing Information
SR175523031
SR0168500
Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan
Active
2026-07-02T13:25:04Z
CRMLS
: Standard
2026-06-26T17:50:04Z
Agent info
Ray Millman
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