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About This Home

This 16-bedroom, 12-bathroom residential multi family at 1220 W 27th St in Los Angeles, CA is listed for $3,495,000 ($684 per sqft). Built in 1913, the home offers 5,108 sqft of living space on a 0.15 acres lot.

Agent Description

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 stude

nt 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 app

liances, 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 two ADU.

Upon completion, projected gross income increases to approximately $32,500 per month, significantly enhancing cash flow and long-term returns.With its unbeatable location, modern upgrades, strong in-place income, and clear upside through future development, 1220 W.

27th Street represents a rare opportunity to acquire a turnkey, cash-flowing student housing asset in one of Los Angeles' most competitive and supply-constrained rental markets. The asset is currently priced at a current 6.5% Cap Rate. Please email for the Financial Analysis/ Executive Summary.

Key Features

  • Built in 1913
  • 0.15 acre lot
  • 2 stories
  • 10 parking spaces

Property Details

2 stories
12 full
10 spaces
1913

Monthly Cost Estimate

$18,692/mo

20% down · 6.5% · 30 years

Principal$2,528
Interest$15,145
Insurance$1,019

Estimates only. Actual payments may vary.

Location

1220 W 27th St

Los Angeles, CA 90007

Property Details

Parking

Gated

Questions & Answers

This 16-bedroom, 12-bathroom residential multi family at 1220 W 27th St is listed at $3,495,000 ($684/sqft). The estimated monthly payment is $15,145 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.15 acre lot, 2 stories, 10 parking spaces.

This property is listed by Davis Saadian and can be reached at 3104028958 or davis@saadiangroup.com.

DS

Davis Saadian

Agent at Keller Williams Hollywood Hills

(310) 402-8958

Listed by Keller Williams Hollywood Hills

MLS# 26638151· Source: listhub· Updated 86 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1220 W 27th St, Los Angeles, CA 90007

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