Property · 2 recorded sales since 2016
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
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.