1023 28th

Los Angeles, CA, 90011

For Sale $2,099,000

13beds
5,196sqft
0.17acre

Shen Schulz (310) 980-8809shen@shenrealty.com

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 the property. Contact the listing broker for additional information.

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Listed by:

Casey Lins with Kidder Mathews of California, Inc.

(858) 369-3010

Vincent Cook with Kidder Mathews of California, Inc

(949) 557-5097

1023 28th is a Residential Income property located in Los Angeles, California, featuring a 0.172 acre lot, 5,196 sqft, 13 bedrooms, MLS #25627081.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-12-17 08:18:56