637 E 28th Street Los Angeles, CA ^$ 2,399,000

637 E 28th Street

^$ 2,399,000

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637 E 28th Street

Los Angeles, CA, 90011

^$ 2,399,000

Bedrooms14 Baths15.0 Sq 6,025

Monthly Estimate*

^$ 16,758

Listed by WORK REALTY ADVISORS

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Multi-Family Home for sale in Los Angeles, CA

for $2,399,000 with 14 bedrooms and 15 full baths. This 6,025 square foot home was built in 2020 on a lot size of 0.1435.

Introducing a prime investment opportunity at 637-639 E 28th Street: a contemporary 4plex, built in 2020, boasting a stellar location near DTLA and USC. This property presents a lucrative cash flow prospect with all units currently tenant occupied. Each unit offers modern comforts including 2 tandem parking spots, in-unit washer and dryer hookups, and stylish laminate flooring throughout. The kitchen features sleek wood cabinets paired with granite countertops, adding both elegance and durability.

Multi-Family Active

Price

^$ 2,399,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Townhouse

Lot Size

0.1435

Year Built

2020

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24024657

Days on Market

Features

General

Sewer PublicSewer

Cooling CentralAir

Garage Spaces 8.0

Pool Features None

Year Built 2020

Property SubType Townhouse

Gross Income 162720.0

Community Features Urban

County Los Angeles

Net Operating Income 133200.0

Operating Expense 44400.0

Insurance Expense 2654.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Turn onto E. 28th Street from San Pedro Street.

City Los Angeles

Entry Location 1st Floor

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 699 - Not Defined

Lot Size Square Feet 6251.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 28th

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional Item1031Exchange VALoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 26

Building Area Units SquareFeet

Standard Status Active

Year Built Source Builder

Tax Lot 20

Property Sub Type Additional Townhouse

Exterior

Water Source Public

Total Parking 8.0

Lot Size Area 6251.0

Number of Buildings 2

Spa N

Building Area Total 6025.0

Lot Size Acres 0.1435

Lot Size Units SquareFeet

Lot Size Source Builder

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 3

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 637

* Excluded Features

List By

Work Realty Advisors

Broker

(909) 908-5859

Phone

Affordability Calculator

$16,758

Per Month

Monthly Principal & Interest: $16,758
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$2,299,000		Listed Price

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637 E 28th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $2,399,000 with 6,025 sqft and a lot size of 0.1435. 637 E 28th Street has 14 bedrooms, 15.0 baths, and was built in 2020. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. 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.

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637 E 28th Street

Multi-Family Home for sale in Los Angeles, CA

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