440 E 27th St - Apartments FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$3,625,000 USD
310-382-6705
440 E 27th St, Los Angeles, CA for Sale
$3,625,000 USD
Apartments - FOR SALE
1/17
null | 7% Cap Rate

440 E 27th St
Los Angeles, CA 90011
Southeast Los Angeles


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,625,000 USD

PRICE/SF

$496 USD /SF

# OF UNITS

23

PRICE/UNIT

$157,609

CAP RATE

7%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

23-Units | Turn-Key South LA Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,478 SF

ZONING

LARD1.5

APN/PARCEL ID

5128-009-006

ASK ABOUT THIS PROPERTY

Everett WongGreysteelMore Info
310-382-6705

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Everett WongGreysteelMore Info
310-382-6705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.