1132 E 27th Street, Los Angeles, California 90011, Los Angeles, 90011 - 6 bed, 5 bath
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Los Angeles, California 90011
This High-Potential Investment Opportunity is listed at $960,000, positioned above the $867,004 Fair Market Value. Despite the premium, the property features an Extensive Modern Upgrade status, including new plumbing, electrical, and foundation work. With 6 bedrooms, 5 bathrooms, and significant ADU development potential, this asset is optimized for high-yield room-share models. Its proximity to USC and the 2028 Olympics provides a strategic hedge against market volatility. This is an ideal acquisition for Buy-and-Hold Investors or Real Estate Developers targeting long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1132 E 27th Street Subject | $960,000* List Price | 6 | 5 | 1,486 | $583 | - |
A 3815 Paloma Pending | $749,900 List Price | 4 | 2 | 1,236 | $607 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent remodel that includes a new roof, updated electrical wiring, new plumbing, a tankless water heater, and a foundation retrofit. Interior images confirm modern, mint-condition bathrooms and flooring, meeting the criteria for a high-quality renovation under 5 years old.
The property has undergone a comprehensive remodel including a new roof, updated electrical wiring, new plumbing, and a foundation retrofit, ensuring structural integrity and reduced immediate maintenance costs.
With a 6-bedroom, 5-bathroom configuration and a spacious lot that can accommodate both an ADU conversion and a new ADU build, this property is perfectly positioned for high-yield rental or room-share business models.
Located near Downtown LA and USC, the property stands to benefit significantly from the 2028 Olympics' economic impact and the ongoing urban development in the surrounding neighborhoods.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is listed as 6 bedrooms and 5 bathrooms but is recorded on title as 4 bedrooms and 2 bathrooms, which may present challenges for traditional financing and appraisal valuations.
The majority of the assigned public schools in the immediate vicinity have low ratings (2-3), which could limit the property's appeal to long-term family-oriented owner-occupants.
Beautifully remodeled two-story home that feels like new, featuring 6 bedrooms and 5 bathrooms. This property offers exceptional income and development potential. Per title, the property is recorded as 4 bedrooms and 2 bathrooms. In addition to a detached storage structure in the backyard, there is an existing building with strong potential for conversion into an ADU. The spacious lot also provides ample room to build a brand-new ADU, making this an outstanding opportunity for expansion. Ideal for room-share business use. The home has been extensively upgraded with a new roof, new tankless water heater, updated electrical wiring, new plumbing, and foundation retrofit, ensuring long-term durability and peace of mind. Conveniently located south of Downtown Los Angeles and east of USC, in an area experiencing ongoing development and growth. The property is also well-positioned to benefit from increased housing demand driven by the upcoming 2028 Los Angeles Olympics, which is expected to bring significant job creation and rental demand expansion to the Downtown LA area and surrounding neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 1.0 | 97% |
| Square foot | 1,486 | 1,100 | 85% |
| Lot Size | 5,364 | 4,825 | 74% |
| Price | $960.0K | $550.0K | 97% |
| Price per sq ft | $646 | $507 | 82% |
| Built year | 1901 | 1910 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 172 | 3% |
May 7, 2026
$960,000
Initial Listing
Jun 10, 2022
$570,000
Public Record