440 E 27th Street
Los Angeles, CA, 90011
$3,985,000
Beds
0 Baths
SqFt
0.14 Acres
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This 23-unit 1920’s building in South LA consists of three 1-bedrooms and 20-studios. Built in 1925 and newly renovated with Certificate of Occupancy in 2024, this property is fully occupied. Three new units were added to the existing floorplan and 16 units were separately metered for electricity. This building is priced to sell at a 7.0% cap rate on current income with the potential for 13.3% more rental upside.

Property Details

Price:
$3,985,000
MLS #:
SR25079856
Status:
Active
Baths:
0
Address:
440 E 27th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 11, 2025
State:
CA
ZIP:
90011
Lot Size:
6,253 sqft / 0.14 acres (approx)
Year Built:
1925
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Exterior

Community Features
Urban
Garage Spaces
0.00
Lot Features
Rectangular Lot
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Tenant Pays
Electricity, Insurance

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broker reciprocity Courtesy of Altman Apartments LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
440 E 27th Street
Los Angeles, CA