Listing provided courtesy of Everett Wong of Greysteel California, Inc.. Last updated 2025-08-12 08:11:38.000000. Listing information © 2025 Sandicor.
Asking Price: $3,625,000 |
440 27th, Los Angeles CA 90011
Community: C37 - Metropolitan South
This Commercial/Residential property was built in 1925 and is priced at $3,625,000. Please see the additional details below.
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 television—all 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.