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218 E 27Th St, Los Angeles, CA 90011
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218 E 27Th St Los Angeles, CA 90011

$795,000
  • 7 Beds
  • 6 Baths
  • 4,356 Sq.Ft.
For Sale
$795,000 Get Pre-Qualified
Map preview of 218 E 27Th St, Los Angeles, CA 90011

Property Overview: 218 E 27Th St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 4,356 living square feet and 6,253 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Must be sold with 634 E. Adams Blvd. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom (one non-conforming unit) and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Buyer to verify all information regarding number of conforming units, square footage and age. Must be sold with 634 E. Adams Blvd.

Listed by Michael Pesci | BRE #01274379 | Keller Williams Studio City
Co-listed by James Antonucci | BRE #01822661 | Keller Williams Realty-Studio City
Last checked: 30 seconds ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 38
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Home details

Lot Sq. Ft
6,253
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24371861
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,294
  • Total Rent: $1,294
  • Pro Forma/Market Rent: $2,125
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $5,201
  • Pro Forma/Market Rent: $8,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.2
  • Gross Scheduled Income: --
  • Net Operating Income: $45,344
  • Gross Operating Income: $75,596
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 218 E 27Th St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5128002013
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Main St. and West of Maple on East 27th.
View more facts & features

Local Los Angeles Agent

Sale History for 218 E 27Th St

View property's historical transactions

  • March, 2024

  • Mar 22, 2024

    Date

    Active

    CRMLS: 24371861

    $795,000

    Price

Tax History for 218 E 27Th St

Assessed Value (2020): $273,708
Year Land Value Improved Value Assessed Value
2020 $125,959 $147,749 $273,708

Home Value Compared to the Market

This property vs the competition

218 E 27Th St is listed 35.63% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $182.51 per/sqft which puts the price per square foot 76.42% lower than the median price per square foot for the city of Los Angeles.

About 218 E 27Th St

Detailed summary of property

218 E 27Th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 7 bedrooms, 6 bathrooms, roughly 4,356 living square feet, and sits on an approximately 6,253 square foot lot. 218 E 27Th St was first listed on ArdentRealEstateGroup.com on March 22, 2024. The homeowner is currently asking $795,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 35.63% lower than the median priced home. Local competing homes currently for sale include 172 W Martin Luther King Junior Boulevard, 1324 E 21st St and 1348 E 21st St. While the average home in Los Angeles, CA is selling in 94 days, 218 E 27Th St has a days on market of 38 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 218 E 27Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 218 E 27Th St

Public county record property details
Beds
7
Baths
5
Year built
1912
Sq. Ft.
4,356
Lot Size
6,250
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5128-002-013

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
38
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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