3939 W 28th Street, Los Angeles, CA 90018
Local realty services provided by:CENTURY 21 Sierra Properties
3939 W 28th Street,Los Angeles, CA 90018
$999,000
- 8 Beds
- - Baths
- 3,199 sq. ft.
- Multi-family
- Active
Listed by: benjamin j. hsiang, alexander metaxas
Office: realty investment advisors, inc.
MLS#:CL26669289
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$312.29
About this home
We are pleased to present 3939 W. 28th Street, a rare four-unit multifamily opportunity located in the highly desirable West Adams / Jefferson Park neighborhood of Los Angeles. This well-located asset sits on a large 8,542 square foot R3-zoned lot and offers significant upside through both rental repositioning and future redevelopment potential. The property consists of four spacious two-bedroom, one-bathroom units totaling approximately 3,199 square feet. Two units will be delivered vacant at the close of escrow, providing an immediate opportunity for an owner-user to occupy a unit while generating income from the remaining units, or for an investor to renovate and achieve market rents. Each unit benefits from an outdoor deck space, offering tenants a highly desirable indoor-outdoor living experience that is increasingly sought after in the West Adams market. Additionally, the property is equipped with individual gas meters, electricity meters and water heaters for each unit, helping to minimize operational complexity and reduce shared utility expenses. Current rents are significantly below market, with pro forma rents projected at approximately $2,100 per unit, offering a clear path to increased cash flow and a stabilized return of approximately 7.07% on a pro forma basis . The...
Contact an agent
Home facts
- Year built:1922
- Listing ID #:CL26669289
- Added:87 day(s) ago
- Updated:June 21, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:8
- Living area:3,199 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:3,199 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$312.29
Parking
- Parking description:Assigned
New listings near 3939 W 28th Street
- Open Sat, 10:30am to 1:30pmNew
$640,000Active2 beds 2 baths1,172 sq. ft.800 W 1st Street #2008, Los Angeles, CA 90012
MLS# 26847729Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$2,450,000Active13 beds 8 baths3,572 sq. ft.1188 W 28th, Los Angeles, CA 90007
MLS# AR26134176Listed by: IRN REALTY - New
$1,315,000Active10 beds -- baths3,393 sq. ft.4501 S Budlong Avenue, Los Angeles, CA 90037
MLS# CL26850291Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$1,249,000Active4 beds -- baths1,612 sq. ft.6445 W 86th Place, Los Angeles, CA 90045
MLS# CL26850303Listed by: LINK BROKERAGES - New
$1,995,000Active3 beds 3 baths1,250 sq. ft.1947 Midvale Avenue, Los Angeles, CA 90025
MLS# CL26850323Listed by: MARY GRACE MACY - New
$2,550,000Active6 beds 8 baths4,537 sq. ft.5558 Edgewood Place, Los Angeles, CA 90019
MLS# GD26135223Listed by: HUNTINGTON GROUP - New
$1,195,000Active3 beds 3 baths2,235 sq. ft.19565 Turtle Springs, Porter Ranch, CA 91326
MLS# SR26135167Listed by: PINNACLE ESTATE PROPERTIES - New
$849,999Active4 beds 3 baths1,574 sq. ft.14601 Del Playa, Panorama City, CA 91402
MLS# WS26135076Listed by: TRAVIS ELY - Open Tue, 11am to 2pmNew
$1,595,000Active3 beds 3 baths1,987 sq. ft.6830 Cahuenga Park Trail, Los Angeles, CA 90068
MLS# 26850325Listed by: KELLER WILLIAMS REALTY LOS FELIZ - Coming SoonOpen Sun, 12 to 3pm
$763,000Coming Soon4 beds 3 baths9300 Burnet Avenue #122, North Hills, CA 91343
MLS# PW26135194Listed by: BALBOA REAL ESTATE INC.