Los Angeles, CA 90011,440 E 27th Street
Los Angeles, CA 90011,440 E 27th Street
Los Angeles, CA 90011,440 E 27th Street
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$3,985,000
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7,312 SqFt
Active

440 E 27th Street Los Angeles, CA 90011

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,312 sqft

Price per Sqft $544

MLS Listing ID CRSR25079856

HOA Y/N No

Year Built 1925

Lot Size 6,253 Sqft

Acres 0.14

Property Sub-Type Other

Property 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.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5128009006


Bridge MLS
Listed by Logan Altman • Altman Apartments LLC

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agent

Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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440 E 27th Street