1023 E 28th Street, Los Angeles, CA 90011

Local realty services provided by:ERA Excel Realty
1023 E 28th Street,Los Angeles, CA 90011
$2,099,000
  • 13 Beds
  • 7 Baths
  • 5,196 sq. ft.
  • Multi-family
  • Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.
MLS#:25627081
Source:CRMLS

Price summary

  • Price:$2,099,000
  • Price per sq. ft.:$403.96

About this home

We are pleased to present this turnkey 7-unit apartment community located at 1023 E 28th St, less than 10 minutes away from Downtown Los Angeles, offered at a 10.48 GRM and 6.67% CAP on current rents with upside potential to achieve an 8.40% CAP and 8.76 GRM with proforma rents. This opportunity consists of two separate two-story buildings offering a total of 5,196 rentable square feet. The front triplex is new 2025 construction and the rear four unit was built in 1962, with two renovated units, which sit on a 7,501 square foot LARD1.5 zoned lot with six on-site parking spaces. The unit mix consists of one (1) three bedroom one-bathroom unit, four (4) two bedroom one-bathroom units and two (2) one bedroom one-bathroom units. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of

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Home facts

  • Year built:1962
  • Listing ID #:25627081
  • Added:1 day(s) ago
  • Updated:December 10, 2025 at 04:46 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:7
  • Living area:5,196 sq. ft.

Structure and exterior

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

Finances and disclosures

  • Price:$2,099,000
  • Price per sq. ft.:$403.96
Based on information from California Regional Multiple Listing Service, Inc. as of December 11, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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