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440 27th Street, Los Angeles, CA 90011
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440 27th Street
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  • MLS#: SR25079856 ( Apartment )
  • Street Address: 440 27th Street
  • Viewed: 3
  • Price: $3,985,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 15
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90011
  • Provided by: Altman Apartments LLC
  • Contact: Logan Logan
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 7312.00
Cable Tv Expense
  1. 6000.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Front
Fuel Expense
  1. 6000.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 720.00
Insurance Expense
  1. 22046.00
Laundry Features
  1. Common Area
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 278904.00
Newtaxesexpense
  1. 52708.00
Number Of Separate Electric Meters
  1. 16
Otherexpense
  1. 200.00
Otherexpensedescription
  1. fire ext
Parcel Number
  1. 5128009006
Pest Control Expense
  1. 1080.00
Pool Expense
  1. 0.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 16794.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436196507:CRM
Tenant Pays
  1. Electricity
  2. Insurance
Totalexpenses
  1. 140902.00
Trash Expense
  1. 5839.00
Vacancyallowance
  1. 12984
Water Sewer Expense
  1. 7500.00
Water Source
  1. Public
Year Built
  1. 1925
Year Built Source
  1. Assessor
Zoning
  1. LARD1.5