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$ 1,350,000
Est. payment | /mo
5,610 Sqft Lot
$ 1,350,000
Est. payment | /mo
5,610 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26103239
HOA Y/N No
Year Built 1909
Lot Size 5,610 Sqft
Property Sub-Type Apartment
Property Description
3206 W 27th Street presents an excellent opportunity to acquire a fully renovated turnkey triplex in the rapidly growing West Adams neighborhood of Los Angeles. The property features an attractive unit mix of (2) 2 Bed / 2 Bath units and (1) 3 Bed / 2 Bath unit, with units averaging over 1,000 square feet. All units have been upgraded with renovated kitchens and bathrooms, stainless steel appliances, modern finishes, and in-unit washer and dryers. The property is projected to operate at a 6.28% cap rate and 11.36 GRM, offering investors a low-maintenance asset with strong rental income and long-term upside in one of Los Angeles' most sought-after rental markets. Located in West Adams, the property benefits from close proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and Metro Expo Line.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs, Suburban, Sidewalks, Urban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5052012028
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737