1013 E 28th Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1013 E 28th Street,Los Angeles, CA 90011
$996,000
  • 12 Beds
  • 8 Baths
  • 4,352 sq. ft.
  • Multi-family
  • Active
Listed by: eliza kerndian
Office: keller williams beverly hills310-432-6400
MLS#:26751091
Source:CRMLS

Price summary

  • Price:$996,000
  • Price per sq. ft.:$228.86

About this home

Excellent income-producing opportunity near Downtown Los Angeles! This 7-unit property features five existing units plus two newly constructed ADUs. The unit mix includes four 1-bedroom units, two 3-bedroom units, and one 2-bedroom unit, offering strong rental diversity. The property generates a current gross monthly income of $10,330 ($123,960 annually) with over 50% rental upside. One unit can be delivered vacant the brand-new 3-bedroom, 1-bath ADU providing an excellent owner-user opportunity. Offered at $996,000, the property reflects an attractive GRM of 8 and approximately an 8% cap rate, making it ideal for investors seeking strong cash flow. Located near the YMCA, a recognized cultural landmark, with convenient access to Downtown LA, Central Avenue corridors, public transportation, and nearby retail hubs such as FIGat7th. Strong rental demand area with ongoing growth and revitalization. Don't miss this high-performing asset with both immediate income and long-term upside...

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Home facts

  • Listing ID #:26751091
  • Added:3 day(s) ago
  • Updated:April 24, 2026 at 10:26 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Kitchen Description:Disposal
  • Living area:4,352 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Building area:4,352 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$996,000
  • Price per sq. ft.:$228.86

Features and amenities

  • Appliances:Disposal
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