858-525-5007

1023 28th, Los Angeles CA 90011 | $2,199,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 7501 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 2
  • Year Built: 1962
  • MLS#: OC25225401
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Andrew Daggett of The Associates Realty Group. Last updated 2025-11-09 09:11:34.000000. Listing information © 2025 SANDICOR.

Investor's Dream – Fully Committed 7-Unit in Prime LA Location! Redeveloped property at 1023 E 28th St featuring 7 total units, with 3 brand-new construction units and 2 fully remodeled units, all with high-quality finishes. Unit mix: (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA — an ideal combination for maximizing rent potential and parking available in front and back. This low-maintenance, modern property is built to perform — perfect for investors seeking reliable, immediate cash flow and long-term growth in a rapidly appreciating neighborhood. Value-Add Potential: Opportunity to bring the last two units to full market rent, increasing income and pushing the cap rate to nearly 8%.

More Details

0.17 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985