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:55 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

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
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