440 27th Street, Los Angeles, CA 90011
  • MLS#: PW25173070 ( Commercial/Residential )
  • Street Address: 440 27th Street
  • Viewed: 3
  • Price: $3,625,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 82
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90011
  • Provided by: Greysteel California, Inc.
  • Contact: Everett Everett
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 televisionall 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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Features
Building Area Total
  1. 7312.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 78
Electric Expense
  1. 0.00
Entry Location
  1. Ground
Fuel Expense
  1. 9035.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 720.00
Insurance Expense
  1. 22045.00
Laundry Features
  1. Community
Laundry Income
  1. 1200.00
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 253113.00
Newtaxesexpense
  1. 43247.00
Number Of Separate Electric Meters
  1. 15
Parcel Number
  1. 5128009006
Pest Control Expense
  1. 1080.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 16561.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 444279974:CRM
Totalexpenses
  1. 253113.00
Trash Expense
  1. 5838.00
Water Sewer Expense
  1. 35432.00
Water Source
  1. Public
Year Built
  1. 1925
Year Built Source
  1. Public Records
Zoning
  1. LARD1.5