Listing provided courtesy of Everett Wong of Greysteel California, Inc.. Last updated 2025-12-05 09:11:20.000000. Listing information © 2025 CRMLS.
Asking Price: $3,300,000
440 27th, Los Angeles CA 90011
Community: C37 - Metropolitan South
Status: Active
This Commercial/Residential property was built in 1925 and is priced at $3,300,000. Please see the additional details below.
Improved Pricing on this a newly remodeled 23-unit multifamily investment opportunity in the heart of Historic South Los Angeles offered at a 7.7% 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.
















