Los Angeles, CA 90011,440 E 27th Street
Los Angeles, CA 90011,440 E 27th Street
Los Angeles, CA 90011,440 E 27th Street
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$3,625,000
Est. payment /mo
7,312 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,312 sqft

Price per Sqft $495

MLS Listing ID CRPW25173070

HOA Y/N No

Year Built 1925

Lot Size 6,253 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

Introducing a newly remodeled 23-unit multifamily investment opportunity in the heart of Historic South Los Angeles offered at a 7.0% Cap Rate!! This upgraded residential community features a strong unit mix of 20 studios and 3 one-bedroom apartments, with 19 units fully gut-renovated and outfitted with brand-new systems and modern finishes. Residents enjoy a host of desirable amenities, including on-site laundry, high-speed Wi-Fi, and cable television—all included for added convenience. Outdoor common areas feature a half basketball court with a hoop, a picnic table, and a BBQ grill, creating a welcoming space for recreation and relaxation. The property also includes a designated smoking area and is secured with a video surveillance system. Ideal for investors seeking stable cash flow with minimal deferred maintenance, this turnkey asset offers modern living in a culturally rich and growing neighborhood.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Laundry Common Area

Building

New Construction No

Others

Tax ID 5128009006


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Bridge MLS
Listed by Everett Wong • Greysteel California, Inc.

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440 E 27th Street