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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
    : 
    Mixed Use
    Built in 1925
    -- sqft lot
    $3,546,900 Zestimate®
    $496/sqft
    $-- HOA

    What's special

    Half basketball courtModern finishesOutdoor common areasBbq grillDesignated smoking areaPicnic tableBrand-new systems
    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.
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    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 08:32am

    Listing Provided by:

    Everett Wong DRE #01991247 310-382-6705,

    Greysteel California, Inc.

    Source: CRMLS,MLS#: PW25173070MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 23
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 7,312
    • Total interior livable area: 7,312 sqft

    Property

    Features
    • Entry location: Ground
    • Pool features: None
    Lot
    • Size: 6,253 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5128009006
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $496/sqft
    • Date on market: 8/1/2025
    • Listing terms: Conventional
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