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Listed by: Casey Lins (714) 333-6768 DRE #01902650, Vincent Cook DRE #02012324 | Kidder Mathews of California, Inc. (858) 369-3010
$2,099,000
13 Beds
7 Baths
5,196sqft
1023 E 28Th St, Los Angeles, CA 90011
$2,099,000
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Multi Family
Built in 1962
$-- HOA
7,501 sqft lot
$404/sq.ft
Description
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-bath...
Continue Reading- Houzeo last checked: 41 Minutes ago
- Listing updated: December 17, 2025 at 8:18 am
- Source: California Regional MLS-CA | MLS#: 25627081
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
5,196 sqft
Lot Size
7,501 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25627081
MLS Status
Active
Days on Market
12
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