1023 E 28th
Los Angeles, CA 90011
6
Bed
3
Bath
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 in one of the most rapidly evolving pockets of South Los Angeles. 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 front portion of 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 buildi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1962Building Area Total: 5196Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7501 Lot Size Acres: 0.1722 Lot Size Source: Assessor Lot Size Square Feet: 7,501 Lot Description: SixToTenUnitsAcre
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Listing Price Information
Listing Price: $1825000Original Price: $1849000Cash, CashToNewLoan, Exchange1031
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Tax Information
Parcel Number: 5128023030 Tax Lot: 148
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Parking Information
Parking Total: 4
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Location Information
Direction: 28th St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1554 E 24th Street, Los Angeles, CA, 90011 | $499,900 | 2 | 1 | 650 | 650 SqFt |
| 1655 E 42nd Street, Los Angeles, CA, 90011 | $695,000 | 2 | 1 | 1,196 | 1,196 SqFt |
| 1646 E 41st, Los Angeles, CA, 90011 | $659,000 | 3 | 2 | 1,004 | 1,004 SqFt |
| 4321 Honduras Street, Los Angeles, CA, 90011 | $1,995,000 | 14 | 8 | 5,341 | 5,341 SqFt |
| 1583 E Martin Luther Ki.., Los Angeles, CA, 90011 | $639,995 | 2 | 1 | 1,144 | 1,144 SqFt |
| 1335 1337 E Adams, Los Angeles, CA, 90011 | $2,100,000 | 14 | 5 | 4,266 | 4,266 SqFt |
| 1325 E Adams Boulevard, Los Angeles, CA, 90011 | $1,070,000 | 7 | 6 | 2,838 | 2,838 SqFt |
| 1519 E 41st, Los Angeles, CA, 90011 | $589,000 | 3 | 2 | 1,020 | 1,020 SqFt |
| 4439 Lima Street, Los Angeles, CA, 90011 | $600,000 | 3 | 2 | 1,013 | 1,013 SqFt |
| 1471 E 41st, Los Angeles, CA, 90011 | $835,000 | 3 | 2 | -- |
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ByOwner last updated this listing 08/11/2026 @ 04:25
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