1132 E 27th St, Los Angeles, CA 90011

Huge $161,000 Price Reduction! Now offered at just $799,000. Seller is motivated. Don't miss this incredible opportunity! 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.