3206 W 27th Street presents an excellent opportunity to acquire a fully renovated turnkey triplex in the rapidly growing West Adams neighborhood of Los Angeles. The property features an attractive unit mix of (2) 2 Bed / 2 Bath units and (1) 3 Bed / 2 Bath unit, with units… Read More averaging over 1,000 square feet. All units have been upgraded with renovated kitchens and bathrooms, stainless steel appliances, modern finishes, and in-unit washer and dryers. The property is projected to operate at a 6.04% cap rate and 11.74 GRM, offering investors a low-maintenance asset with strong rental income and long-term upside in one of Los Angeles’ most sought-after rental markets. Located in West Adams, the property benefits from close proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and Metro Expo Line. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.13 Acres
Year Built
1909
MLS Number
SB26103239
Additional Details
Building
Built in 1909, 2 buildings, 1 storey, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $28,599
Income
Gross Income: $118,800, Gross ScheduledIncome: $118,800, Net Operating Income: $84,261
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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