1023 E 28th St

Los Angeles, CA 90011
  • $2,099,000

    Price
  • 13

    Bed
  • 7

    Bath
  • 5,196

    SqFt

About the Listing CLW-X82410 - CLW-C128038,SBCOOKVIN

We are pleased to present this turnkey 7-unit apartment community located at 1023 E 28th St, less than 10 minutes away from Downtown Los Angeles, offered at a 10.48 GRM and 6.67% CAP on current rents with upside potential to achieve an 8.40% CAP and 8.76 GRM with proforma rents. This opportunity consists of two separate two-story buildings offering a total of 5,196 rentable square feet. The front triplex is new 2025 construction and the rear four unit was built in 1962, with two renovated units, which sit on a 7,501 square foot LARD1.5 zoned lot with six on-site parking spaces. The unit mix consists of one (1) three bedroom one-bathroom unit, four (4) two bedroom one-bathroom units and two (2) one bedroom one-bathroom units. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 25627081
Year Built 1962
Total Square Footage 5,196
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 13
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5128023030
  • Tax Year: N/A

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1023 E 28th St Los Angeles, CA 90011

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Originating MLS: CRMLS

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