This well-maintained, two-story, four-unit property in the heart of Los Angeles is a perfect opportunity for both investors and owner-occupants. With over 3,300 sq. ft. of living space on a generous 6,400+ sq. ft. lot, the property offers a diverse unit mix, including one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two 1-bedroom, 1-bath units. For owner-occupants, this property may qualify for conventional financing with as little as 5% down on up to four units, making it an excellent opportunity to live in one unit while generating rental income.Located just minutes from USC, LA Trade Tech College, and Mount St. Mary’s, this property is in a prime rental location with easy access to Downtown LA, parks, shopping centers, and top dining and entertainment options. Commuters will appreciate the proximity to major freeways, including the 10, 110, 5, and 710, as well as public transportation and the Metro Blue Line.Additional highlights include ample parking in both the front and back of the property, along with convenient alley access. Whether you’re looking to expand your investment portfolio or secure a home with income-generating potential, this property is a rare opportunity in a high-demand area!
Property Details
Price:
$1,500,000
MLS #:
25520809
Status:
Active
Baths:
0
Address:
854 E 27th Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 3, 2025
State:
CA
ZIP:
90011
Lot Size:
6,482 sqft / 0.15 acres (approx)
Year Built:
1989
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Schools
Interior
Appliances
None
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Driveway, Uncovered
Parking Spots
0.00
Security Features
Gated Community
Stories Total
2
Financial
Map
Community
- Address854 E 27th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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854 E 27th Street
Los Angeles, CA
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