2839 Hillcrest Drive

Los Angeles, CA 90016
$1,375,000
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 mainRead MoreRead Less
Property listed by Landon Realty Group, Diana Fang 310-259-7556
Listing Snapshot
Days Online
4
Last Updated
Property Type
Triplex
Lot Size
0.15 Acres
Year Built
1927
MLS Number
SR26136264
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, VentedExhaustFan
Building
Built in 1927, 2 buildings, 2 stories, Entry level: 1, Entry location: street
Community
Urban
Cooling
WallWindowUnits
Expenses
Gardener: $720, Insurance: $3,890, Maintenance: $1,146, Operating: $27,224, Pest Control: $1,500, Water/Sewer: $2,781
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $106,688, Gross ScheduledIncome: $106,688, Net Operating Income: $78,026
Laundry
Inside
Lot
0.1493 acres, BackYard, FrontYard
Parking
2 open parking spaces, 2 total parking spaces, Driveway
Pool
None
Property
UpdatedRemodeled
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5057007019, Lot: 557
Tenant Pays
Electricity, Gas, TrashCollection
Utilities
Water Source: Public, 3 separate electric meters, 3 separate gas meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.