Skip To Content

    440 E 27Th St

    Los Angeles, CA 90011
    • $1,980,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 21-746910
    $1,980,000
    • 4
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,312
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Villa Girasol is an 18-unit apartment building located at 440 E 27th Street in the Historic Central submarket of Los Angeles. First time on the market in over 50 years, Villa Girasol is the perfect opportunity to add value to the building by renovating the exterior, interior hallways, and units to capture the significant upside in rents. The unit mix is 6 Single Room Occupancies (SRO), 11 Studios and 1 Two Bedroom/1 Bath units. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, Villa Girasol is near local employment and entertainment centers such as South Park, LA Live, and the Staples Center. Also, to rapidly developing areas like the Arts District, Koreatown, Exposition Park and USC. The neighborhood is considered highly walkable and a bikers paradise, with easy access to local shops and services, as well as freeways and public transportation.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. 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.
    www.desertarealuxuryhomes.com/homes/118067850
    Print Image

    440 E 27Th St Los Angeles, CA 90011

    • Price: $1,980,000
    • Status: Active
    • MLS #: 21-746910
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    7,312
    SQFT
    $271
    $/SQFT
    1925
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Villa Girasol is an 18-unit apartment building located at 440 E 27th Street in the Historic Central submarket of Los Angeles. First time on the market in over 50 years, Villa Girasol is the perfect opportunity to add value to the building by renovating the exterior, interior hallways, and units to capture the significant upside in rents. The unit mix is 6 Single Room Occupancies (SRO), 11 Studios and 1 Two Bedroom/1 Bath units. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, Villa Girasol is near local employment and entertainment centers such as South Park, LA Live, and the Staples Center. Also, to rapidly developing areas like the Arts District, Koreatown, Exposition Park and USC. The neighborhood is considered highly walkable and a bikers paradise, with easy access to local shops and services, as well as freeways and public transportation.
    Exterior Features

    Lot Size Area 6251 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 12.00 Cooling Wall/Window Equipment None Heating Wall

    Property Features

    Assessed Total Value 67870 Gross Income 198299 Gross Operating Income 198299 Like Units1 6 Like Units2 11 Like Units3 1 Net Operating Income 91270.00 Number Of Buildings 1 Number Of Units 18 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 103862 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Adam Zunder DRE#01821053 of Iconic Investments.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-746910-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-746910-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-746910-2.jpg
    Logo
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260