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2839 Hillcrest Drive

Los Angeles CA 90016

8
5
6502 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
5 bathrooms
6502 sq. ft. lot size
Multi-Family

Property history for 2839 Hillcrest Drive

2015
Sold
$650,000
05 May 2015 by Shelley Johnson, of Berkshire Hathaway Home Services

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Local market activity for 8 bedroom multi families in Los Angeles

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