$3,625,000
440 E 27th St, Los Angeles, CA 90011
- 3Beds
- 23Baths
- 7312SqFt
- 3Beds
- 23Baths
- 7312SqFt
- Property TypeCondo
- Year Built1925
- Price per Sqft$496
- On highrises67 Days
Property Details
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 televisionall 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.
Property Features
Bedrooms
- Bedrooms: 3
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Everett Wong
- Brokered by:
- Greysteel California, Inc.
- (310) 439-5794