Overview
- MixedUse
- 0
- 1925
Description
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.
Address
Open on Google Maps- Address 27th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90011
Details
Updated on November 13, 2025 at 6:07 pm- Property ID: HZPW25173070
- Price: $3,300,000
- Garage: 0
- Year Built: 1925
- Property Type: MixedUse
- Property Status: ResidentialIncome
- Listed by: Everett Wong
- DRE #: 01991247
- Contact Mail: ewong@greysteel.com
- Brokered by: Greysteel California, Inc.
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