854 East 27th Street

Los Angeles, CA 90011

$1,370,000
Price
7
Beds
6
Baths
3,358 Sq. Ft.
$408 / Sq. Ft.
3,358
Sq. Ft.
$408
per Sq. Ft.

Description

This property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 5 % Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Seven bedroom
Five bath units.
This property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 5 % Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Seven bedroom
Five bath units.
  1. Listed by Mooney Lee • DRE #01731619 • Brokerage DRE #02208136 • Action Realty Task Holdings

Property Details for 854 East 27th Street

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
3358

Location

Listing Courtesy of Action Realty Task Holdings, Mooney Lee, DRE #01731619
Add your commute
LISTING UPDATED: 04/20/2024 06:32 AM

Property Details for 854 East 27th Street

StatusActive
MLS #PW24056535
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.15 AC / 6,482 SF
CountyLos Angeles County

Location

Listing Courtesy of Action Realty Task Holdings, Mooney Lee, DRE #01731619
Add your commute

Building Information for 854 East 27th Street

Stories2Residences-Year Built1989Building Size-Lot Size0.15 AC / 6,482 SF

Payment Calculator

$8,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,477

Property Taxes

$806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 854 East 27th Street

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $94,440
  • Vacancy Allowance: 1000
  • Gross Operating Income: $93,040
  • Net Operating Income: $66,972
  • Current Financing: None
Expense Details
  • Operating Expense: $26,068
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Maintenance Expense: $5,000
  • Trash Expense: $0
  • Water Sewer Expense: $8,400
  • Total Expenses: $13,400
Tax / Assessment Info
  • Tax Annual Amount: $9,668
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $9,668
  • Tax Lot: 6487
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: None
  • Interior Features: 2 Staircases
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
  • Flooring: Wood
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Entry Location: S
  • Fence: Yes
  • Fencing: Fair Condition
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: no
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: None
  • Utilities: None
  • Electric: 220 Volts For Spa
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Paved
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $50,000
  • Unit Type Total Rent: $49,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $60,000
  • Unit Type Total Rent: $59,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 854 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 854 East 27th Street

Taxable ValueLand$390,429Additions$368,120Total$758,549
Tax Record2023$9,668 ($806 / month)
Home Facts
Total Finished SqFt3,358 SqFtAbove Grade Finished SqFt3,358 SqFtLot Size6,482 SqFtStyleQuadraplexYear Built1989ZoningLARD2CountyLOS ANGELESAPN5128-019-002

Schools near 854 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

Santee Education Complex
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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854 East 27th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on March 21, 2024 by Action Realty Task Holdings, it's currently listed at $1,370,000. It has been on the market for a total of 40 days and was last sold on June 29, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Eighth Street Elementary School, John Adams Middle School and Nava College Preparatory Academy. 854 East 27th Street is a 7-bed, 6-bath, 3,358 sqft multi-family home built in 1989.

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 Action Realty Task Holdings, Mooney Lee, DRE #01731619

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.