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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,075,000

Est. payment - /mo

8,010 Sqft Lot

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UPDATED:

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

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Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc. 310-447-2213, DRE #01981597

NEARBY SCHOOL & BUSINESS

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3956 W 27th ST Los Angeles, CA 90018