Active

1013 E 28th Street

Los Angeles, CA 90011
Mark as Favorite
Bed 12

Bed

Bath 0

Bath

SqFt4,352

Sqft

SqFt7,500

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $996,000

AD Id : 77614042

MLS Id : 26751091

Beds : 12

Lot Size : 7,500 Sqft

Living Area Size : 4,352

Year Built : --

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Disposal
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Building Area Total: 4,352

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7500

  • Listing Price Information

    Original List Price: 996,000 Listing Contract Date: 2026-04-20
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5128023028

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 2032 Directions: West of Central, South of Adams, on the 28th st Zoning: LARD1.5 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Year Built Source: Vendor Enhanced Total Square Feet Living: 4352 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1432 E 25th Street, Los Angeles, CA, 90011 $14,000,000 55 -- 26,048 26,048 SqFt
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,095,000 7 -- 2,838 2,838 SqFt
4610 Compton Avenue, Los Angeles, CA, 90011 $1,200,000 5 -- 3,124 3,124 SqFt
1132 E 27th Street, Los Angeles, CA, 90011 $960,000 6 4 1,486 1,486 SqFt
856 E 22nd Street, Los Angeles, CA, 90011 $1,150,000 5 -- 4,219 4,219 SqFt
2411 Griffith Avenue, Los Angeles, CA, 90011 $547,000 -- -- 1,064 1,064 SqFt
1348 E Vernon Avenue, Los Angeles, CA, 90011 $2,345,000 17 -- 5,927 5,927 SqFt
5426 Compton, Los Angeles, CA, 90011 $849,900 -- -- 4,186 4,186 SqFt
805 E 25th St, Los Angeles, CA, 90011 $930,000 9 4 3,126 3,126 SqFt
515 E 21st Street, Los Angeles, CA, 90011 $815,000 5 -- 2,154 2,154 SqFt

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ByOwner last updated this listing 06/07/2026 @ 23:30

MLS: 26751091 LISTED BY: Eliza Kerndian, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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