1023 E 28th, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1023 E 28th,Los Angeles, CA 90011
$2,199,000
  • - Beds
  • - Baths
  • 5,196 sq. ft.
  • Multi-family
  • Active
Listed by:andrew daggett
Office:the associates realty group
MLS#:OC25225401
Source:CRMLS

Price summary

  • Price:$2,199,000
  • Price per sq. ft.:$423.21

About this home

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%.

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Home facts

  • Year built:1962
  • Listing ID #:OC25225401
  • Added:1 day(s) ago
  • Updated:September 30, 2025 at 03:38 AM

Rooms and interior

  • Living area:5,196 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:5,196 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,199,000
  • Price per sq. ft.:$423.21
Based on information from California Regional Multiple Listing Service, Inc. as of September 30, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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