44
See all 44 photos
$2,199,000
Est. payment /mo
7,501 Sqft Lot
New
1023 E 28th Los Angeles, CA 90011
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25225401
HOA Y/N No
Year Built 1962
Lot Size 7,501 Sqft
Property Sub-Type Mixed Use
Property Description
Investor's Dream – Fully Committed 7-Unit in Prime LA Location! Redeveloped property at 1023 E 28th St featuring 7 total units, with 3 brand-new construction units and 2 fully remodeled units, all with high-quality finishes. Unit mix: (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA — an ideal combination for maximizing rent potential and parking available in front and back. This low-maintenance, modern property is built to perform — perfect for investors seeking reliable, immediate cash flow and long-term growth in a rapidly appreciating neighborhood. Value-Add Potential: Opportunity to bring the last two units to full market rent, increasing income and pushing the cap rate to nearly 8%.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5128023030
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Andrew Daggett The Associates Realty Group 937-206-0725
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
GET MORE INFORMATION
Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327