440 E 27th Street, Los Angeles, CA 90011

Local realty services provided by:ERA North Orange County Real Estate
440 E 27th Street,Los Angeles, CA 90011
$3,625,000
  • - Beds
  • - Baths
  • 7,312 sq. ft.
  • Multi-family
  • Active
Listed by:everett wong
Office:greysteel california, inc.
MLS#:PW25173070
Source:CRMLS

Price summary

  • Price:$3,625,000
  • Price per sq. ft.:$495.76

About this home

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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Home facts

  • Year built:1925
  • Listing Id #:PW25173070
  • Added:17 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Living area:7,312 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:7,312 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,625,000
  • Price per sq. ft.:$495.76
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.