CA > Los Angeles
Los Angeles, CA 90011,1023 E 28th
Los Angeles, CA 90011,1023 E 28th
Los Angeles, CA 90011,1023 E 28th
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,199,000
Est. payment /mo
7,501 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25225401

HOA Y/N No

Year Built 1962

Lot Size 7,501 Sqft

Property Sub-Type Mixed Use

Property Description

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%.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5128023030

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Andrew Daggett The Associates Realty Group 937-206-0725
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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