1023 E 28th, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1023 E 28th,Los Angeles, CA 90011
$1,849,000
  • - Beds
  • - Baths
  • 5,196 sq. ft.
  • Multi-family
  • Active
Listed by: robert stepp, todd hawke
Office: keller williams realty downey562-334-1500
MLS#:PW26132375
Source:CRMLS

Price summary

  • Price:$1,849,000
  • Price per sq. ft.:$355.85

About this home

1023 E. 28th Street is a seven-unit asset consisting of three buildings with (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA units. This asset presents a strong opportunity to acquire a high-yield, partially repositioned property with substantial remaining rental upside. The property combines newly constructed, non-rent- controlled units with an existing value-add component, creating a compelling blend of stable in-place cash flow, operational efficiency, and future NOI growth potential. The property includes two newly constructed buildings completed in 2026 and exempt from California rent control, offering investors long-term operational flexibility and unrestricted future rent growth potential. These buildings include a stand-alone 3BD/1BA unit with private front yard space and two 2BD/1BA units. The newly constructed buildings were intentionally designed for long-term operational efficiency and reduced maintenance costs, featuring solar panels servicing both buildings, separately metered...

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Home facts

  • Year built:1962
  • Listing ID #:PW26132375
  • Added:10 day(s) ago
  • Updated:June 28, 2026 at 04:40 PM

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:$1,849,000
  • Price per sq. ft.:$355.85

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:4
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