2839 Hillcrest DR, Los Angeles, CA 90016
2839 Hillcrest DR, Los Angeles, CA 90016
2839 Hillcrest DR, Los Angeles, CA 90016
2839 Hillcrest DR, Los Angeles, CA 90016
2839 Hillcrest DR, Los Angeles, CA 90016
2839 Hillcrest DR, Los Angeles, CA 90016
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Sam Louis

Sam Louis

+1(949) 357-0611
$ 1,375,000
Est. payment | /mo

6,503 Sqft Lot

Save
$ 1,375,000
Est. payment | /mo
Save

6,503 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26136264

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1927

Lot Size 6,503 Sqft

Property Sub-Type Triplex

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

Area C16 - Mid Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Refrigerator, Vented Exhaust Fan

Laundry Inside

Exterior

Parking Features Driveway

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5057007019

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Diana Fang Landon Realty Group 213-422-4358, DRE #01918964

NEARBY SCHOOLS & PROPERTIES

Sam Louis
Sam Louis

License ID: 02203602

+1(949) 357-0611 | sam@louisestategroup.com

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2839 Hillcrest DR