2839 Hillcrest Drive
Los Angeles, CA 90016
Listing broker / agent: Landon Realty Group · Diana Fang · 213-422-4358 · CRMLS
MLS # SR26208145 · Last checked Oct 22, 2026 06:42 UTC
About this property
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.
Property details
- MLS number
- SR26208145
- Status
- Active
- Type
- Residential Income
- Subtype
- Triplex
- Lot size
- 0.1493 acres
- County
- Los Angeles
- Year built
- 1927
More property detailsCollapse
Listing
- Days on market
- 20
Building
- Year built
- 1927
- Year built source
- Public Records
- Building stories
- 2
- Entry level
- 1
- Condition
- Updated Remodeled
Rooms & interior
- Appliances
- Dishwasher, Refrigerator, Vented Exhaust Fan
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Laundry
- Inside
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 0
- Parking
- Driveway
- Pool
- None
- Spa
- None
- Lot features
- Back Yard, Front Yard
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Virginia Road Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.2 mi |
| Stella Elementary Charter Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–4 | 0.5 mi |
| Susan Miller Dorsey Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.5 mi |
| Cienega Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.6 mi |
| View Park Continuation (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.6 mi |
| ISANA Nascent Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.6 mi |
| Coliseum Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.8 mi |
| Stella Middle Charter Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 5–8 | 0.9 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,295,000
- MLS-reported original asking price
- $1,295,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 06:04 | $1,295,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
592 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 07:05 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗