858-525-5007

1013 28th, Los Angeles CA 90011 | $996,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 7500 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 0
  • MLS#: 26751091
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Eliza Kerndian of Keller Williams Beverly Hills. Last updated 2026-04-26 08:11:15.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.17 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985