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1023 E 28th Street Los Angeles, CA $ 2,099,000
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1023 E 28th Street
$ 2,099,000
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1023 E 28th Street

Los Angeles, CA, 90011
$ 2,099,000
Bedrooms13 Baths1.0 Sq 5,196

Monthly Estimate*

$ 13,095

Listed by Kidder Mathews of California, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $2,099,000 with 13 bedrooms and 1 full bath. This 5,196 square foot home was built in 1962 on a lot size of 0.1722.

We are pleased to present this turnkey 7-unit apartment community located at 1023 E 28th St, less than 10 minutes away from Downtown Los Angeles, offered at a 10.48 GRM and 6.67% CAP on current rents with upside potential to achieve an 8.40% CAP and 8.76 GRM with proforma rents. This opportunity consists of two separate two-story buildings offering a total of 5,196 rentable square feet. The front triplex is new 2025 construction and the rear four unit was built in 1962, with two renovated units, which sit on a 7,501 square foot LARD1.5 zoned lot with six on-site parking spaces. The unit mix consists of one (1) three bedroom one-bathroom unit, four (4) two bedroom one-bathroom units and two (2) one bedroom one-bathroom units. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

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Multi-Family Active

Price

$ 2,099,000

Bedrooms

13

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25627081

Days on Market

8
Features
General
Living Area 5196
Zoning LARD1.5
Security Features Gated Community
Year Built 1962
Stories Count 2
Levels Two
Gross Income 200376
Community Features Gated
County Los Angeles
Net Operating Income 139953
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Google Maps: 1023 E 28th St Los Angeles CA 90011
City Los Angeles
Senior Community Y/N false
Number Of Units Total 7
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 7501
Property Attached Y/N true
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 6.67
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Interior
Total Stories 2
Common Walls 1 Common Wall
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 13
Total Baths 7
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Exterior
Total Parking 6
Lot Size Area 7501
Number of Buildings 3
Building Area Total 5196
Lot Size Acres 0.1722
Lot Size Source Assessor
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* Excluded Features
List By
Kidder Mathews Of California, Inc.

Broker

Casey.Lins@kidder.com

Email

Affordability Calculator

$13,095
Per Month
100%
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Monthly Principal & Interest
$13,095
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/10/2025$2,099,000 Listed Price

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1023 E 28th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $2,099,000 with 5,196 sqft and a lot size of 0.1722. 1023 E 28th Street has 13 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 90011 which is in Los Angeles, CA

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