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3956 W 27Th Street, Los Angeles, CA 90018

Property · 2 recorded sales since 2016

3956 W 27Th Street, Los Angeles, CA 90018 Sold July 2021 CRMLS
$1,925,000Sold July 2021

Listing Agent: Jordan Peikin (DRE #02015987) · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: John Stiegler II · Lyon Stahl Investment Real Estate, Inc. · MLS #21732396 · Source: CRMLS

8,011 sqft
Lot Size
1924
Year Built
Property
Type
None
Cooling

About this property

3956 W 27th Street is a turnkey 8 unit property located in the heart of the hot West Adams neighborhood of Los Angeles. The property consists of eight 1 bedroom/1 bathroom garden apartments, seven of which have been completely renovated. Furthermore, the lots R3 zoning will provide the new owner with future versatility should they desire to repurpose the property. The property is extremely well located, central to major employment, transportation, and points of interest alike. 3956 W 27th Street is a mere 2.9 miles from the main University of Southern California campus, LA Memorial Coliseum, and the upcoming George Lucas Museum. Residents will enjoy a 6 minute walk to the new Johnny's Pastrami Restaurant, a 2 minute drive to the nearest I-10 freeway on-ramp, and a 6 minute bike ride to the nearest light rail station at Exposition/Crenshaw. The Expo/Crenshaw station currently offers service to Santa Monica beach and will soon connect passengers to LAX. Additionally, the property sits just 5.7 miles from Downtown Los Angeles. This is an excellent opportunity to acquire an economic hedge and reliable cash flow.

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$1,925,000
Sold July 2021 · on market May 2021 · MLS #21732396 · Source: CRMLS
Listing Agent: Jordan Peikin · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: John Stiegler II · Lyon Stahl Investment Real Estate, Inc.
$965,000
Sold January 2016 · listed $898,000, on market November 2015 · MLS #AR15254263 · Source: CRMLS
Listing Agent: Steve Kwon · Listing Office: Re/Max Premier Prop Arcadia · Contact: 626-229-2200 · Bought with: Steve Kwon · Re/Max Premier Prop Arcadia
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