4023 -4027 W 28th Street, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4023 -4027 W 28th Street,Los Angeles, CA 90018
$4,100,000
- 24 Beds
- 20 Baths
- 14,650 sq. ft.
- Multi-family
- Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.
MLS#:25535041
Source:CRMLS
Price summary
- Price:$4,100,000
- Price per sq. ft.:$279.86
About this home
We are pleased to present 4023-4027 W. 28th Street, a 19-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings situated on separate parcels, totaling 19 units across approximately 14,650 square feet. The unit mix includes four (2-bedroom, 1-bath), fourteen (1-bedroom, 1-bath), and one (2-bedroom, 2-bath + den) units. Combined, the parcels span approximately 16,480 square feet and are zoned LAR3. This investment is being offered at an attractive 7.4% cap rate and 9.29 GRM. The properties currently generate nearly $441,000 in gross annual income, with an additional $70,000 in potential rental upside. The strong existing cash flow supports the opportunity to leverage high loan-to-value financing while preserving consistent income. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.
Contact an agent
Home facts
- Year built:1959
- Listing ID #:25535041
- Added:202 day(s) ago
- Updated:December 19, 2025 at 02:14 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:20
- Living area:14,650 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1959
- Building area:14,650 sq. ft.
- Lot area:0.38 Acres
Finances and disclosures
- Price:$4,100,000
- Price per sq. ft.:$279.86
New listings near 4023 -4027 W 28th Street
- New
$1,649,000Active4 beds 3 baths2,306 sq. ft.5106 Crenshaw Boulevard, Los Angeles, CA 90043
MLS# CRIN25279141Listed by: CASTILLO REALTY GROUP, INC. - New
$1,399,000Active4 beds 3 baths2,952 sq. ft.13615 Herrick Avenue, Sylmar (los Angeles), CA 91342
MLS# CRP1-25237Listed by: AM REALTY SERVICES - New
$1,200,000Active4 beds 3 baths2,371 sq. ft.12621 S Hoover, Los Angeles, CA 90044
MLS# CRSB25279147Listed by: PELLEGO, INC. - New
$550,000Active2 beds 1 baths1,218 sq. ft.4239 South Raymond Avenue, Los Angeles, CA 90037
MLS# CV25278616Listed by: KALEO REAL ESTATE COMPANY - New
$1,200,000Active2 beds 2 baths1,473 sq. ft.544 Grand Boulevard, Venice, CA 90291
MLS# 25630237Listed by: COLDWELL BANKER REALTY - New
$1,199,000Active3 beds 2 baths1,686 sq. ft.5744 Wilkinson Avenue, Valley Village, CA 91607
MLS# CL25629863Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,375,000Active5 beds 4 baths1,774 sq. ft.21009 Saticoy Street, Canoga Park, CA 91304
MLS# 25630037Listed by: COMPASS - New
$1,500,000Active-- beds -- baths2201 Avon, Los Angeles, CA 90026
MLS# CV25278949Listed by: OPTION ONE REALTY & INVESTMENT - New
$1,300,000Active-- beds -- baths1341 94th, Los Angeles, CA 90044
MLS# CV25278951Listed by: REALTY MASTERS & ASSOCIATES - New
$1,350,000Active-- beds -- baths1180 39th Place, Los Angeles, CA 90037
MLS# OC25277748Listed by: HOMESMART, EVERGREEN REALTY