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
$3,495,000
- 16 Beds
- - Baths
- 5,108 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills
MLS#:CL26638151
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$3,495,000
- Price per sq. ft.:$684.22
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.Situated north of campus within the highly sought-after DPS Patrol Zone, this property benefits from exceptional security, walkability, and consistent demand driven by USC's expanding student population.The asset features a two-story wood-frame and stucco building on a raised foundation, offering 5,108 square feet of living space on a 6,346 square foot lot. The property underwent a comprehensive renovation in 2024 and showcases modern, high-demand finishes including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit washer/dryers, double-pane windows, copper plumbing, and an upgraded electrical panel. The roof is in excellent condition, providing peace of mind and minimal deferred maintenance for new ownership.Currently configured as 16 bedrooms, the property is fully leased to USC students and generates strong in-place income of $23,225 per month. Each unit is individually metered for gas and electricity, helping keep operating expenses low and improving overall efficiency.A compelling value-add opportunity exists through the property's oversized lot, which allows for the development of...
Contact an agent
Home facts
- Year built:1913
- Listing ID #:CL26638151
- Added:72 day(s) ago
- Updated:March 29, 2026 at 02:22 PM
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:$3,495,000
- Price per sq. ft.:$684.22
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Private
New listings near 1220 W 27th Street
- New
$2,495,000Active3 beds 3 baths2,338 sq. ft.8754 Arlene Terrace, Los Angeles, CA 90046
MLS# CL26664767Listed by: PRIVATE BEVERLY HILLS - New
$2,395,000Active3 beds 4 baths2,270 sq. ft.3010 Stoner Avenue, Los Angeles, CA 90066
MLS# CL26670415Listed by: REVEL REAL ESTATE - New
$499,000Active2 beds 2 baths1,205 sq. ft.1189 Crenshaw Boulevard, Los Angeles, CA 90019
MLS# CL26670697Listed by: COLDWELL BANKER REALTY - New
$475,000Active2 beds 2 baths958 sq. ft.1457 E 56th Street, Los Angeles, CA 90011
MLS# CL26670763Listed by: REAL ESTATE CONCIERGE SOLUTIONS - New
$1,498,000Active3 beds 3 baths1,964 sq. ft.4112 Vanetta Place Place, Studio City (los Angeles), CA 91604
MLS# CL26670871Listed by: COMPASS - New
$899,000Active2 beds 3 baths1,942 sq. ft.6250 Hollywood Boulevard #4E, Los Angeles, CA 90028
MLS# CL26670881Listed by: THE PROPERTY LAB, INC. - New
$699,900Active1 beds -- baths960 sq. ft.10069 Mountair Avenue, Tujunga (los Angeles), CA 91042
MLS# CRGD26067049Listed by: PROMATRIX REALTY - New
$1,290,000Active3 beds 4 baths1,777 sq. ft.6919 Knowlton Place, Los Angeles, CA 90045
MLS# CROC26064841Listed by: BIG BLOCK PREMIER - New
$799,000Active4 beds -- baths1,854 sq. ft.624 W 26th, San Pedro (los Angeles), CA 90731
MLS# CRSB26067179Listed by: REALION REAL ESTATE - New
$79,500Active0.39 Acres0 Lincoln Park Ave, Los Angeles, CA 90031
MLS# DW26067426Listed by: THE REAL ESTATE STORE INC.