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$ 2,075,000
Est. payment | /mo
8,010 Sqft Lot
$ 2,075,000
Est. payment | /mo
8,010 Sqft Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26192509
HOA Y/N No
Year Built 1924
Lot Size 8,010 Sqft
Property Sub-Type Apartment
Property Description
3956 W 27th Street presents an attractive 8-unit multifamily investment opportunity in the desirable West Adams area of Los Angeles. The property features eight spacious 1-bedroom/1-bathroom units, all of which have been renovated. Current ownership has completed extensive improvements since acquiring the property, including significant electrical upgrades and replacement of the original cloth-insulated wiring throughout all eight units. Six units include assigned on-site parking, while the two units without parking feature in-unit laundry, with the ability to add laundry to the remaining units. Ideally located near West Adams Boulevard and Crenshaw Boulevard, the property offers convenient access to USC, Metro transit, the I-10 Freeway, Culver City and Downtown Los Angeles. With its renovated interiors, desirable unit mix, continued rental upside and central location, 3956 W 27th Street offers investors a well-positioned multifamily asset in one of Central Los Angeles' most desirable neighborhoods.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Sidewalks
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5051015011
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc. 310-447-2213, DRE #01981597
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