$1,490,000
2839 Hillcrest Drive, Los Angeles CA 90016
Multi-Family (3 Units)
Property type
49 days
On market
$430
Price per sqft
N/A
Garage
1927
Year built
6,502 sqft
Lot size
Home highlights
Open Houses
Overview
Seize a rare opportunity to acquire a fully occupied, cash-flowing triplex in West Adams one of Los Angeles' most dynamic neighborhoods. Offered at $1,490,000 with a 13.96 GRM and a 5.24% 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...
Listing provided by: Diana Tiao DRE #01918964 213-583-0874, The Collective Realty
Listing updated: May 8, 2026 at 07:58pm.
Last checked: Jun 4, 2026 at 10:30am
Source: CRMLS #26699447
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $2,781 | $2,781 | $3,300 | Unfurnished |
| 1 | 1 | 1 | — | $1,664 | $1,664 | $2,300 | Unfurnished |
| 1 | 4 | 2 | — | $4,445 | $4,445 | $4,445 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Dishwasher: 3
Refrigerator: 3
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.0x
List Price / Annual Gross Rent
Cap Rate
5.24%
NOI / List Price
Net Operating Income: $78,026
Interior
Appliances: Dishwasher, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 0
Levels: One, Two
Garage and Parking
Parking: Driveway
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5057007019
Zoning: LARD2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2839 Hillcrest Drive, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,192,000
Total Interest
$1,520,330
Total Payment
$2,712,330
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,236
per month
Property History for 2839 Hillcrest Drive
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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