Listing provided courtesy of Logan Altman of Altman Apartments LLC. Last updated 2025-04-27 08:11:52.000000. Listing information © 2024 Sandicor.
Asking Price: $3,985,000 |
440 27th, Los Angeles CA 90011
Community: C42 - Downtown L.A.
This Apartment property was built in 1925 and is priced at $3,985,000. Please see the additional details below.
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.
