1023 E 28th
Los Angeles, CA 90011
0
Bed
0
Bath
5,196Sqft
7,501Sqft(Lot)
1023 E. 28th Street is a seven-unit asset consisting of three buildings with (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA units. This asset presents a strong opportunity to acquire a high-yield, partially repositioned property with substantial remaining rental upside. The property combines newly constructed, non-rent- controlled units with an existing value-add component, creating a compelling blend of stable in-place cash flow, operational efficiency, and future NOI growth potential. The property includes two newly constructed buildings completed in 2026 and exempt from California rent control, offering investors long-term operational flexibility and unrestricted future rent growth potential. These buildings include a stand-alone 3BD/1BA unit with private front yard space and two 2BD/1BA uni
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1962 Building Area Total: 5,196 -
Pool Features
NoneLaundry Features
Inside
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722 -
Lot Size Source: Assessor Lot Size Square Feet: 7501
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Listing Price Information
Original List Price: 1,849,000 Listing Contract Date: 2026-06-17 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5128023030
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: 28th St Source Property Type: Residential Income Area: C42 - Downtown L.A. Property SubType: Mixed Use -
Building and Construction
Property Age: 64 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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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 |
| 856 E 22nd Street, Los Angeles, CA, 90011 | $1,150,000 | 5 | -- | 4,219 | 4,219 SqFt |
| 5426 Compton, Los Angeles, CA, 90011 | $849,900 | -- | -- | 4,186 | 4,186 SqFt |
| 1013 E 28th Street, Los Angeles, CA, 90011 | $996,000 | 12 | -- | 4,352 | 4,352 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 |
| 3232 S Central, Los Angeles, CA, 90011 | $1,226,000 | -- | -- | 5,180 | 5,180 SqFt |
| 619 E 22nd Street, Los Angeles, CA, 90011 | $800,000 | 4 | 2 | 1,700 | 1,700 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 18:37
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