This property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 5 % Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Seven bedroom Five bath units.
Property Details
Property Features
Property Information:
Year Built: 1989
Stories: 2
Listing Office:
Office Name: Action Realty Task Holdings
Office Phone: (714) 367-8558
Listing Agent: Mooney Lee
Interior Features
Interior Information:
Flooring Type: Wood
Interior: Multiple Staircases, All Bedrooms Up, All Bedrooms Down
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Santee Education Complex, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
John Adams Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Twenty-Eighth Street Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: South of #10 Freeway North of #105 East of #710
Price Information
Listing Price Info
Price Summary:
List Price: $1,370,000
Tax Information:
Annual Amount: $9,106
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $394K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24056535
Listing Office:
Office Name: Action Realty Task Holdings
Office Phone: (714) 367-8558
Listing Agent: Mooney Lee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 9:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 04, 2016
Aug 04, 2016Home Sold
$680,000
Aug 16, 2005
Aug 16, 2005Home Sold
$650,000
Jul 16, 2004
Jul 16, 2004Home Sold
$499,000
Jun 24, 2002
Jun 24, 2002Home Sold
$285,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,106
$729,095
2020
$8,840
$721,620
2019
$8,715
$707,472
2018
$8,529
$693,600
2017
$8,529
$680,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,905
Per Month
Principal & Interest
$6,838
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,174
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Twenty-Eighth Street Elementary School
2807 Stanford Ave
Distance between this listing and this school0.15 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.72 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school21.13 miles
Public Magnet Grades KG-5
Middle School
6
/10
John Adams Middle School
151 W 30th St
Distance between this listing and this school0.75 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.05 miles
Public District Grades 6-8
High School
3
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school0.74 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school2.96 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.32 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Twenty-Eighth Street Elementary School
2807 Stanford Ave
Distance between this listing and this school0.15 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.72 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school21.13 miles
Public Magnet Grades KG-5
Assigned Schools
6
/10
John Adams Middle School
151 W 30th St
Distance between this listing and this school0.75 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.05 miles
Public District Grades 6-8
Nearby Schools
3
/10
Dr. Julian Nava Learning Academies-School of Business
1420 E Adams Blvd
Distance between this listing and this school0.64 miles
Public District Grades 6-8
Assigned Schools
3
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school0.74 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school2.96 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.32 miles
The neighbors living near this home have an average income of $34,127. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 854 E 27th St
What is the listing price of this property?
The listing price of 854 E 27th St property is $1,370,000.
What type of property is this?
The property 854 E 27th St is a house located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 854 E 27th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 854 E 27th St are: Twenty-Eighth Street Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10John Adams Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10Santee Education Complex: GreatSchools Rating 3/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,106 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 4, 2016 for $680,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 854 E 27th St is 1989.
This home is located at 854 E 27th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1989, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,370,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.
From Rocket Homes Real Estate and based on county public records data.