440 E 27th Street, Property Listing: MLS® #SR25079856

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.

440 E 27th Street, Property Listing: MLS® #SR25079856 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SR25079856
  • 440 E 27th Street
  • , CA 90011
  • $3,985,000
  • 0.14 Acres
  • Office: Altman Apartments Llc

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.

Supplemental Remarks

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Essential Information

  • MLS® #SR25079856
  • Listing Price$3,985,000
  • Original Listing Price$3,985,000
  • Date ListedApril 11th, 2025
  • Bathrooms0.00
  • Acres0.14
  • Lot Sq.Ft.6,253
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$106

Community Information

  • Address440 E 27th Street
  • AreaLOS ANGELES (90011)
  • CountyLos Angeles
  • StateCA
  • Zip Code90011

Amenities

  • PoolN/K
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Listing information last updated on May 2nd, 2025 at 1:38am PDT.