$ 850,000
-
$850,000
Price -
13
Bed -
8
Bath -
4,417
SqFt -
0.17
Acre
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About the Listing CLW-X8146116 - CLW-X89926
Offered is a value-add South Central property consisting of a vacant 1,500+ SF house and quadruplex with 1 vacant unit. The house is in need of a full gut renovation and reconfiguration, ideal for a Jr. ADU conversion. The vacant unit in the 4plex is also in need of remodeling. Once rented, the owner will have 2 (or 3!) units at market rent, with significant upside in rent for the legacy tenants. Located on a corner lot with 2 curb cuts, there are 11 open parking spaces currently leased by the tenants on separate parking leases. The property will be sold with a recently passed SCEP Inspection. At under $200/SF and operating with all 2-4 bedroom units, this is an incredible deal at an affordable price point with huge upside. Located directly across from the YMCA and a church, and minutes from USC and the vibrant Exposition Park district, home to famous venues including BMO Stadium and Los Angeles Memorial Coliseum. Residents and tenants also benefit from immediate access to major cultural institutions such as the Natural History Museum and the California Science Center. This is a compelling value-add opportunity in a high-demand rental submarket, with multiple pathways for income growth through renovation, repositioning, and future development. Marketing package available with more info. Potential to be sold with other multifamily properties from same owner.
Listing Highlights for 933 E 28th St
Interior Details
- Bedrooms: 13
- Bathrooms: 8 Full
- Appliances: Gas Oven
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces: Decorative
- Floor: Carpet,Laminate,Tile
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 11
- Zoning: LARD2
- Roof: Composition
- Others: Stucco,Wood Siding,2+ Total Units,Has ADU
- Sewer: Sewer Tap Paid
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5128023025
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
933 E 28th St Los Angeles, CA 90011
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