3204 W 27th, Los Angeles, CA 90018

$1,340,000

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List Agent Aaron Jacobson () 310-729-1559 Lyon Stahl Investment Real Estate, Inc.; CoList ()

List Price
$1,340,000
Status
ACTIVE
MLS#
SB26158992
Year Built
1909
Lot Size
5,611
Lot Location
0-1 Unit/Acre
Days on Market
11
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

3204 W 27th St 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 6.51% cap rate and 11.28 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 Free way and Metro Expo Line.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.