718 East 27th Street

Los Angeles, CA 90011

$799,000
Price
5
Beds
3
Baths
1,990 Sq. Ft.
$402 / Sq. Ft.
1,990
Sq. Ft.
$402
per Sq. Ft.

Description

Stop the car, this is just what you've been looking for! A beautifully updated duplex with two separate houses on a lot. Both units are turnkey and move-in ready. Each unit has laminate wood flooring throughout, upgraded kitchens with quartz countertops, modernized baths and newly painted interior . The spacious front house has high ten feet ceilings, 4 beds + 2 baths, and the back house is a large standalone single with full kitchen and bath. The property backs to a private clean alley, which allows...Stop the car, this is just what you've been looking for! A beautifully updated duplex with two separate houses on a lot. Both units are turnkey and move-in ready. Each unit has laminate wood flooring throughout, upgraded kitchens with quartz countertops, modernized baths and newly painted interior . The spacious front house has high ten feet ceilings, 4 beds + 2 baths, and the back house is a large standalone single with full kitchen and bath. The property backs to a private clean alley, which allows for additional parking and access. This property is ideal for a large family, an owner looking to live in one and rent out the other or an investor looking to buy and hold. I expect this property to sell fast. Come see it for yourself!
  1. Listed by Marcus Rich • DRE #01497912 • Brokerage DRE #01808336 • Cal Estate Brokers

Property Details for 718 East 27th Street

Zoning
LAR2
Style
Craftsman
Parcel Number
5128016008
Total Units
2.0
Living Area
1990
Source Living Area
Appraiser
Area
Downtown L.A. (C42)
Vacancy Rate
0

Location

Listing Courtesy of Cal Estate Brokers, Marcus Rich, DRE #01497912
Add your commute
LISTING UPDATED: 05/18/2024 12:01 AM

Property Details for 718 East 27th Street

StatusActive
MLS #24-390787
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1903
Lot Size0.12 AC / 5,033 SF
CountyLos Angeles County

Location

Listing Courtesy of Cal Estate Brokers, Marcus Rich, DRE #01497912
Add your commute

Building Information for 718 East 27th Street

Stories-Residences-Year Built1903Building Size-Lot Size0.12 AC / 5,033 SF

Payment Calculator

$4,403 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$43

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 718 East 27th Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Gated
  • Direction Faces: North
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $68,400
  • Net Operating Income: $55,900.00
  • Gross Income: $68,400
  • Gross Rent Multiplier: $13.00
  • Total Annual Expense: 12500
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1155
  • Lot Size Square Feet: 5033
  • Lot Features: Agricultural, Back Yard, Front Yard
  • Lot Description: Agricultural, Back Yard, Front Yard
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Open Other Spaces Total: 6
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: Ceiling Fan, Gas Dryer Hookup
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Patio Features: Porch - Front, Porch - Rear
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $10,338.00
  • Assessed Improvement Percent: 44.43
  • Assessed Land Value: $12,929.00
  • Assessed Land Percent: 55.57
  • Assessed Total Value: $23,267.00

Property History for 718 East 27th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 718 East 27th Street

Taxable ValueLand$12,929Additions$10,338Total$23,267
Tax Record2023$520 ($43 / month)
Home Facts
Total Finished SqFt1,690 SqFtAbove Grade Finished SqFt1,690 SqFtLot Size5,033 SqFtStyleDuplexYear Built1903ZoningLAR2CountyLOS ANGELESAPN5128-016-008

Schools near 718 East 27th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Twenty-Eighth Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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718 East 27th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on May 10, 2024 by Cal Estate Brokers, it's currently listed at $799,000. It has been on the market for a total of 15 days and was last sold on January 17, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Eighth Street Elementary School, John Adams Middle School and Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High. 718 East 27th Street is a 5-bed, 3-bath, 1,990 sqft multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cal Estate Brokers, Marcus Rich, DRE #01497912

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.