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1023 E 28th, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
1023 E 28th,Los Angeles, CA 90011
$1,825,000
  • - Beds
  • - Baths
  • 5,196 sq. ft.
  • Multi-family
  • Active
Listed by: robert stepp, todd hawke
Office: keller williams realty downey562-334-1500
MLS#:PW26132375
Source:CRMLS

Price summary

  • Price:$1,825,000
  • Price per sq. ft.:$351.23

About this home

1023 E. 28th Street is a seven-unit asset consisting of three buildings with (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA units. This asset presents a strong opportunity to acquire a high-yield, partially repositioned property with substantial remaining rental upside in one of the most rapidly evolving pockets of South Los Angeles. The property combines newly constructed, non-rent- controlled units with an existing value-add component, creating a compelling blend of stable in-place cash flow, operational efficiency, and future NOI growth potential. The front portion of the property includes two newly constructed buildings completed in 2026 and exempt from California rent control, offering investors long-term operational flexibility and unrestricted future rent growth potential. These buildings include a stand-alone 3BD/1BA unit with private front yard space and two 2BD/1BA units. The newly constructed buildings were intentionally designed for long-term operational efficiency and...

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Home facts

  • Year built:1962
  • Listing ID #:PW26132375
  • Added:84 day(s) ago
  • Updated:September 11, 2026 at 10:58 AM

Rooms and interior

  • Living area:5,196 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:5,196 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,825,000
  • Price per sq. ft.:$351.23

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:4
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