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
Listing Provided by:
Everett Wong DRE #01991247 310-382-6705,
Greysteel California, Inc.
$3,625,000
440 E 27th St, Los Angeles, CA 90011
3beds
23baths
7,312sqft
Est.:
Mixed Use
Built in 1925
-- sqft lot
$3,509,300 Zestimate®
$496/sqft
$-- HOA
What's special
Half basketball courtModern finishesOutdoor common areasBbq grillDesignated smoking areaPicnic tableBrand-new systems
- 154 days |
- 24 |
- 0 |
- Loading
- Loading