$ 2,199,000
-
$2,199,000
Price -
11
Bed -
6
Bath -
5,196
SqFt
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About the Listing OC05849 - OCDAGGAND
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%.
Listing Highlights for 1023 E 28th
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
OC25225401
Year Built
1962
Total Square Footage
5,196
Lot/Acreage
0.17
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,Rectangular Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5128023030
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1023 E 28th Los Angeles, CA 90011
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