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Listed by: Logan Altman (310) 903-0222 DRE #01965826 | Altman Apartments LLC (310) 903-0222
$3,150,000
1 Bed
- 2 Baths
--sqft
440 E 27Th, Los Angeles, CA 90011
$3,150,000
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Apartment
Built in 1925
$-- HOA
6,253 sqft lot
--/sqft
Description
Investment Highlights
• Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements.
• Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive ren...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
- sqft
Lot Size
6,253 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26039501
MLS Status
Active
Days on Market
157
Cumulative Days on Market
153
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