Homes for sale - 440 E 27th ST, Los Angeles, CA 90011

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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$3,985,000

Est. payment - /mo

6,250 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25079856

HOA Y/N No

Year Built 1925

Lot Size 6,250 Sqft

Property Sub-Type Apartment

Property Description

This 23-unit 1920's building in South LA consists of three 1-bedrooms and 20-studios. Built in 1925 and newly renovated with Certificate of Occupancy in 2024, this property is fully occupied. Three new units were added to the existing floorplan and 16 units were separately metered for electricity. This building is priced to sell at a 7.0% cap rate on current income with the potential for 13.3% more rental upside.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5128009006

Energy Description 6000.0

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Logan Altman • Altman Apartments LLC • 310-903-0222

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

440 E 27th ST Los Angeles, CA 90011

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

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