3919 W 27th Street,Los Angeles, CA 90018
Los Angeles, CA 90018
Description
Character 1923 Spanish triplex in the hip and centrally located West Adams neighborhood, just minutes to Mid City, Beverly Hills, USC, Koreatown, Culver City, DTLA. Uniquely situated on a spacious 8394sf lot zoned LAR3 with 2-car enclosed carport in rear and additional 6 parking spaces, plus a detached storage structure. Potential for larger development. Remodeled top floor unit with 3 bedrooms and 1 bath plus deck and balcony, is approx 1300sf and two large (approx 997sf) units below, comprising of a remodeled 2 bed, 1 bath with large side yard and another 2 bed, 1 bath. Extensive renovations include seismic retrofit, new sewer line to street, new roof in 2020, new exterior paint, brand new electrical and plumbing on two units, plus tankless water heaters for all 3 units and brand new split AC for upstairs unit. Ideal for owner-user or investor looking to buy and hold in a highly sought-after area that continues to benefit from immense development with Metro Expo rail connections, proximity to 10FWY, hip and trendy restaurants and shops. Fully tenant occupied. Approx 5.6% CAP RATE as two of the units get market rate rents, while there is huge upside potential on the right side lower floor unit.
Details
| MLS # | 26863879 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 53 |
| Listing Provided By | Coldwell Banker Realty | Yuri Huxley |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,295 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Dishwasher, Gas Cooktop, Oven, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|
Parking
| Parking Features | Carport, Driveway, Garage, Tandem |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Other |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $1,350,000 low | high Med: $1,325,000 sqft: 3,295 low | high Med: 3,024 $ / sqft: $410 low | high Med: $438 On site: 53 low | high Med: 83 | |
Market Activity 90018
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $1,350,000 low | high Med: $1,325,000 sqft: 3,295 low | high Med: 3,024 $ / sqft: $410 low | high Med: $438 On site: 53 low | high Med: 83 | |
 | $1,070,0002531 6th AvenueLos Angeles, CA 90018 |