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.
Ideal for investors seeking stable cash flow with minimal deferred maintenance, this turnkey asset offers modern living in a culturally rich and growing neighborhood.
Property Details
Price:
$3,625,000
MLS #:
PW25173070
Status:
Active
Beds:
0
Baths:
0
Address:
E 27th ST Lot 6
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c37
City:
Los Angeles
Listed Date:
Aug 1, 2025
State:
CA
Total Sq Ft:
7,312
ZIP:
90011
Lot Size:
6,253 sqft / 0.14 acres (approx)
Year Built:
1925
Schools
Interior
Laundry Features
C M
Exterior
Community Features
U R B
Financial
Maintenance Fee
$17,250
Map
Contact Us
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Courtesy of Greysteel California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. E 27th ST Lot 6
Los Angeles, CA
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