1013 East 28th Street Los Angeles, CA $ 996,000
1013 East 28th Street
$ 996,000
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1013 East 28th Street

Los Angeles, CA, 90011
$ 996,000
Baths0.0 Sq 4,352

Monthly Estimate*

$ 6,133

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $996,000. This 4,352 square foot home was built on a lot size of 0.17.

Excellent income-producing opportunity near Downtown Los Angeles! This 7-unit property features five existing units plus two newly constructed ADUs. The unit mix includes four 1-bedroom units, two 3-bedroom units, and one 2-bedroom unit, offering strong rental diversity. The property generates a current gross monthly income of $10,330 ($123,960 annually) with over 50% rental upside. One unit can be delivered vacant the brand-new 3-bedroom, 1-bath ADU providing an excellent owner-user opportunity. Offered at $996,000, the property reflects an attractive GRM of 8 and approximately an 8% cap rate, making it ideal for investors seeking strong cash flow. Located near the YMCA, a recognized cultural landmark, with convenient access to Downtown LA, Central Avenue corridors, public transportation, and nearby retail hubs such as FIGat7th. Strong rental demand area with ongoing growth and revitalization. Don't miss this high-performing asset with both immediate income and long-term upside potential.

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Multi-Family Active

Price

$ 996,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026751091

Features
General
Living Area 4352
Heating Wall Furnace
Zoning LARD1.5
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 7500
Standard Status Active
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Interior
Total Stories 0
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 7500
Building Area Total 4352
Lot Size Acres 0.17
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* Excluded Features
List By
Eliza Kerndian

Listing Agent

Keller Williams Beverly Hills

Broker

elizakerndian@hotmail.com

Email

Affordability Calculator

$6,133
Per Month
100%
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Monthly Principal & Interest
$6,133
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$996,000 Listed Price

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1013 East 28th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $996,000 with 4,352 sqft and a lot size of 0.17. 1013 East 28th Street is a studio with 0.0 baths. The property's zip code is 90011 which is in Los Angeles, CA