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$ 3,600,000
Est. payment /mo
Pending
1139 W 27th Street Los Angeles, CA 90007
8,668 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 8,668 sqft
Price per Sqft $415
MLS Listing ID CL25625911
HOA Y/N No
Year Built 1921
Lot Size 8,412 Sqft
Acres 0.1931
Property Sub-Type Other
Property Description
We are pleased to offer for sale a 9-unit (8 + 1 ADU), 21-Bedroom student housing community located at 11391143 West 27th Street. The property is situated south of Adams Boulevard and west of Hoover Street, within USC's North University Park.The location offers walking-distance access to popular cafs, restaurants, and entertainment venues, and is only minutes from the University of Southern California (USC), the Los Angeles Memorial Coliseum, and Exposition Park. Its central position provides residents with convenient access to major employment hubs in Downtown Los Angeles and beyond, supported by nearby public transit and proximity to the I-10 and I-110 Freeways.Situated on an 8,412-square-foot lot, the property features four one-bedroom units, four three-bedroom units, and one newly constructed five-bedroom ADU. Seven of the nine units have been renovated with stainless steel kitchen appliances, laminate flooring, and modern bathroom finishes, showcasing a proven renovation program that resonates with USC students.27 West presents investors with a rare opportunity to acquire a mid-sized, well-managed USC student housing community within one of the most desirable student housing zones.The property is being offered alongside another student housing community at 2370 Portland Street (The Portland Place). PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.
Location
State CA
County Los Angeles
Zoning RD1.5-1-O
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5055025031
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Listed by Sean Rosenzweig • Marcus & Millichap
NEARBY SCHOOLS & PROPERTIES