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1540 W 28th

Los Angeles, CA 90007
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Bed 12

Bed

Bath 7

Bath

SqFt3,905

Sqft

SqFt6,778

Sqft(Lot)

GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer f or resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unit—without the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly. With the right lender, a buyer-investor may be able to acquire with an FHA loan and a down payment of 5% or less.

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Detail Ic Property Details

Property Type : Residential

Price : $1,520,000

AD Id : 90085662

MLS Id : SR26187181

Beds : 12

Lot Size : 6,778 Sqft

Living Area Size : 3,905

Year Built : 1910

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 7 Full Baths: 6
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1910
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6778 Lot Size Acres: 0.1556 Lot Size Source: Assessor Lot Size Square Feet: 6,778

  • Listing Price Information

    Listing Price: $1520000
    Cash, CashToNewLoan, Conventional, Contract, Fha203b, FHA, FannieMae

  • Tax Information

    Parcel Number: 5054034001 Tax Lot: 6

  • Location Information

    Direction: WEST OF FIGUEROA AND SOUTH OF ADAMS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 12,295 Sqft
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,350,000 8 4 5,458 0.14 Acre
920 W 20th Street, Los Angeles, CA, 90007 $1,200,000 7 5 3,946 6,377 Sqft
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 5,916 Sqft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sqft
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 6,152 Sqft
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 6,065 Sqft
1125 W 22nd Street, Los Angeles, CA, 90007 $800,000 3 2 1,872 5,500 Sqft
721 W 30th Street, Los Angeles, CA, 90007 $6,950,000 25 23 12,928 11,795 Sqft
3015 Shrine Place, Los Angeles, CA, 90007 $2,395,000 3 3 1,988 10,074 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/04/2026 @ 11:08

MLS: SR26187181 LISTED BY: Michael Green, Michael Green Realty & Inv. 818-832-3610 SOURCE: CRMLS

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