$3,150,000
440 E 27th, Los Angeles CA 90011
Multi-Family (23 Units)
Property type
102 days
On market
$431
Price per sqft
0 cars
Garage
1925
Year built
6,253 sqft
Lot size
Home highlights
Open Houses
Overview
Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality...
Listing provided by: Logan Altman DRE #01965826, Altman Apartments LLC
Listing updated: Feb 27, 2026 at 02:13am.
Last checked: Jun 5, 2026 at 08:01pm
Source: CRMLS #SR26039501
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 0 | 1 | — | $28,990 | $28,990 | $35,000 | Partially |
| 3 | 1 | 1 | — | $4,671 | $4,671 | $6,375 | Partially |
# of Buildings: 1
# of Units Total: 23
Separate Electric Meters: 17
Separate Gas Meters: 1
Separate Water Meters: 1
Ranges: 23
Refrigerator: 23
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity
Financial Snapshot
Gross Rent Multiplier
7.2x
List Price / Annual Gross Rent
Cap Rate
8.07%
NOI / List Price
Gross Scheduled Income: $434,869
Vacancy Allowance Rate: 5%
Operating Expense: $159,254
Net Operating Income: $254,307
Annual Operating Expenses
Cable TV: $6,900
Electric: $42,248
Gardener: $720
Fuel: $5,027
Insurance: $17,104
Licenses: $1,265
Maintenance: $17,250
New Taxes: $41,580
Pest Control: $1,080
Professional Management: $16,542
Trash: $5,838
Water / Sewer: $0
Workers Comp: $0
Interior
Interior Features: Ceiling Fans, Multiple Staircases, Quartz Counters
Flooring: Laminate
Cooling: None
Heating: Natural Gas, Wall Furnace
Appliances: Gas Oven, Gas Range, Refrigerator
Fireplace: None
Laundry: Common Area
Entry Location: 27th Street
Exterior
Architectural Style: Spanish
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Flat
Construction Materials: Drywall, Frame, Stucco
Property Condition: Updated Remodeled, Turnkey
Common Walls: No Common Walls
Security Features: Closed Circuit Cameras, Carbon Monoxide Detectors, Fire Rated Drywall, Smoke Detectors
Lot Features: Level, Over40 Units Acre, Near Public Transit, Rectangular Lot
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Mountains, Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5128009006
Additional Parcels: No
Tax Lot: 6
Zoning: RD1.5-1
Tax Block: 7
Community
Senior Community: No
Community Features: Sidewalks, Urban
Nearby Schools
Nearby schools around the 440 E 27th, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,520,000
Total Interest
$3,214,121
Total Payment
$5,734,121
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,359
per month
Property History for 440 E 27th
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
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