South Central LA Homes with Mountain(s) View

South Central LA Homes with Mountain(s) View

Welcome to South Central Los Angeles, a vibrant neighborhood that beautifully marries rich cultural heritage with modern living. Nestled in the heart of Los Angeles County, this dynamic area is known for its diverse communities, artistic expression, and a strong sense of local pride. South Central LA is not just a place to live; it’s a lifestyle that celebrates resilience and creativity.

One of the most enchanting features of homes in this area is the breathtaking mountain views that grace many properties. Imagine waking up each morning to the sight of majestic peaks framed against the clear California sky. These stunning vistas provide a serene backdrop to daily life, creating a perfect blend of urban energy and natural beauty. Whether you’re sipping your morning coffee on the patio or enjoying a sunset barbecue with friends, the mountains serve as a constant reminder of the stunning landscapes that surround you.

The real estate market in South Central LA offers a variety of homes, from charming bungalows to modern townhouses, each with its own unique character. Many properties boast outdoor spaces that take full advantage of the picturesque views, making them perfect for families, professionals, and anyone who appreciates the beauty of nature.

In addition to its scenic offerings, South Central LA is conveniently located near major freeways, public transportation, and an array of local amenities, including parks, shops, and dining options. This neighborhood is not just a place to call home; it’s a community that invites you to explore, engage, and thrive. Come discover the charm of South Central LA and find your dream home with a view today!

Newest South Central LA Homes with Mountain(s) View

$3,150,000
SR26039501 MLS Active Status
Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements. • Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive rent of $5.28 per square foot, justifying the property's valuation through proven rental demand for smaller, affordable living spaces. • Immediate Financial Performance and High Returns: At an asking price of $3,150,000, the property offers a current CAP rate of 6.25% and a 4.04% Cash-on-Cash return, with substantial mark-to-market upside as legacy leases are brought to the property’s own recently-achieved renovated rents. • Substantial Built-In Revenue Upside: There is significant potential for growth, with the pro forma CAP rate projected at 7.74% and a Cash-on-Cash return of 9.02%. Financial projections show that monthly income can grow from the current $34,290 to a market rate of $38,337, representing an approximately 12% revenue increase as legacy leases are marked to market. • Strategic Location in Historic South Central Hub: Located at 440 E 27th Street, the property is nestled in a thriving rental hub near the University of Southern California (USC) and major transit routes like the Expo Line. The neighborhood is experiencing active revitalization and sits within a demographic area projected to have an average household income of $81,857 within a 3-mile radius by 2026.

440 E 27th, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.