$2,199,000

1023 E 28th, Los Angeles, CA 90011

  • 5,196 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $423/sqft
  • Property List Date Icon Listed 1 month ago

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%.

Listing Status:
Active
Date Added:
September 29, 2025 at 05:00AM
Listing Office:
The Associates Realty Group : 844-504-4965
Listing Agent:
Andrew Daggett : 937-206-0725
MLS ID:
CROC25225401
  • Laundry: See Remarks
  • County: Los Angeles
  • Zoning: 5128023030

This listing courtesy of Andrew Daggett, The Associates Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

2

28th Street School

2807 Stanford Ave, Los Angeles, CA, 90011

Grades KG-5

0.28 miles away

D

Dr. Julian Nava Learning Academy - School of Business & Tech

1420 E Adams Blvd, Los Angeles, CA, 90011

Grades 6-8

0.47 miles away

N

Nava College Preparatory Academy

1319 E 41st St, Los Angeles, CA, 90011

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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