1013 E 28th Street
Los Angeles, CA 90011

  • – beds
  • – baths
  • – sqft
  • 7,498 sqft lot
  • 1908 build
  • on site

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5 units plus one storage! 3 separate Structure, Front Building is a Triplex, middle building free standing unit, Back building is free standing building. Great unit mix, 1 X 3 Bedroom 1 Bath, 1 X 2 Bedroom 1 Bath plus 3 X 1 Bedroom 1 Bath. All units are occupied, long term tenants, Low rents - Huge potential, lots of room for growth!!! UNDER RENT CONTROL AREA, 50 % potential upside based on the market rent, Price per unit $ 159,000, Actual Gross income 56,616 Actual Cap rate 4.7 Performa Monthly rent $ 9,650 Gross Yearly $ 115,800. Price per Sqft $ 218. Great investment opportunity. Property needs TLC, Plenty parking spaces, alley access, Across street from YMCA and two doors down from church. Garage is rented as storage and producing additional $ 400 monthly.

California Regional MLS logo Listed By CRMLS_CA / Eliza Kerndian / Keller Williams Realty Westside

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 20613432 —

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Sale history

Date Event Source Price % Change
12/18/20
Sold CRMLS_CA $680,000 -9.3%
11/23/20
Sold Subject To Contingencies CRMLS_CA $750,000
8/4/20
Listed / Active CRMLS_CA $750,000

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Multifamily Sold on 12/18/2020

$680,000

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Listing provided by broker:

Eliza Kerndian

Keller Williams Realty Westside

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Keller Williams Realty Westside. Based on information from California Regional Multiple Listing Service, Inc. as of 05:58 on Apr 25.

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