440 E 27Th St, Los Angeles, CA 90011

Property Description

Villa Girasol is an 18-unit apartment building located at 440 E 27th Street in the Historic Central submarket of Los Angeles. First time on the market in over 50 years, Villa Girasol is the perfect opportunity to add value to the building by renovating the exterior, interior hallways, and units to capture the significant upside in rents. The unit mix is 6 Single Room Occupancies (SRO), 11 Studios and 1 Two Bedroom/1 Bath units. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, Villa Girasol is near local employment and entertainment centers such as South Park, LA Live, and the Staples Center. Also, to rapidly developing areas like the Arts District, Koreatown, Exposition Park and USC. The neighborhood is considered highly walkable and a bikers paradise, with easy access to local shops and services, as well as freeways and public transportation.