1220 W 27th Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1220 W 27th Street,Los Angeles, CA 90007
$3,795,000
- 16 Beds
- - Baths
- 5,108 sq. ft.
- Multi-family
- Active
Listed by:davis saadian
Office:keller williams hollywood hills
MLS#:CL25600061
Source:CA_BRIDGEMLS
Price summary
- Price:$3,795,000
- Price per sq. ft.:$742.95
About this home
We are pleased to present a premier student housing investment opportunity at 1220 W. 27th Street, located just steps from the University of Southern California (USC).Positioned north of campus in the highly desirable DPS Patrol Zone, this asset offers unmatched security, convenience, and demand from USC's growing student population.The property consists of a two-story wood-frame and stucco building on a raised foundation, with 5,108 SF of living space on a 6,346 SF lot. Extensively updated and remodeled in 2024, the building showcases brand-new hardwood floors, quartz countertops, stainless steel kitchen appliances, in-unit washer/dryers, double-pane windows, copper plumbing, and an upgraded electrical panel. The roof is in excellent condition, providing long-term stability and minimal deferred maintenance for new ownership.Currently configured as 16 bedrooms, the property is fully leased to USC students and generates a strong gross income of $23,333/month. There is currently one (1) vacant bedroom, that can be rented for an additional $1,500/month, which would bring the total scheduled income to $24,933/Month. Each unit is individually metered for gas and electricity, reducing operating expenses and maximizing efficiency.A major value-add component exists through the property's
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Home facts
- Year built:1913
- Listing ID #:CL25600061
- Added:1 day(s) ago
- Updated:October 02, 2025 at 05:34 AM
Rooms and interior
- Bedrooms:16
- Living area:5,108 sq. ft.
Structure and exterior
- Year built:1913
- Building area:5,108 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,795,000
- Price per sq. ft.:$742.95
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