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.
MLS #
CRPW25173070
MLS Source
California Regional MLS
Days on Site
23
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
440 E 27th St is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 6,253 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,625,000 and was built in 1925.
This address can also be written as 440 E 27th St, Los Angeles, CA 90011.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 01, 2025. For the most current information, please contact Everett Wong, (310) 439-5790