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
    $3,509,300 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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