3939 W 28th Street, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3939 W 28th Street,Los Angeles, CA 90018
$999,000
- 8 Beds
- - Baths
- 3,199 sq. ft.
- Multi-family
- Active
Listed by: benjamin j. hsiang, alexander metaxas
Office: realty investment advisors, inc.
MLS#:CL26669289
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$312.29
About this home
We are pleased to present 3939 W. 28th Street, a rare four-unit multifamily opportunity located in the highly desirable West Adams / Jefferson Park neighborhood of Los Angeles. This well-located asset sits on a large 8,542 square foot R3-zoned lot and offers significant upside through both rental repositioning and future redevelopment potential. The property consists of four spacious two-bedroom, one-bathroom units totaling approximately 3,199 square feet. Two units will be delivered vacant at the close of escrow, providing an immediate opportunity for an owner-user to occupy a unit while generating income from the remaining units, or for an investor to renovate and achieve market rents. Each unit benefits from an outdoor deck space, offering tenants a highly desirable indoor-outdoor living experience that is increasingly sought after in the West Adams market. Additionally, the property is equipped with individual gas meters, electricity meters and water heaters for each unit, helping to minimize operational complexity and reduce shared utility expenses. Current rents are significantly below market, with pro forma rents projected at approximately $2,100 per unit, offering a clear path to increased cash flow and a stabilized return of approximately 7.07% on a pro forma basis . The...
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Home facts
- Year built:1922
- Listing ID #:CL26669289
- Added:3 day(s) ago
- Updated:March 29, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:8
- Living area:3,199 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:3,199 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$312.29
Parking
- Parking description:Assigned
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