Investor's Dream – Fully Committed 7-Unit in Prime LA Location! Redeveloped property at 1023 E 28th St featuring 7 total units, with 3 brand-new construction units and 2 fully remodeled units, all with high-quality finishes. Unit mix: (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA — an ideal combination for maximizing rent potential and parking available in front and back. This low-maintenance, modern property is built to perform — perfect for investors seeking reliable, immediate cash flow and long-term growth in a rapidly appreciating neighborhood. Value-Add Potential: Opportunity to bring the last two units to full market rent, increasing income and pushing the cap rate to nearly 8%.
MLS #
CROC25225401
MLS Source
California Regional MLS
Days on Site
36
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
1023 E 28th is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 7,501 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,199,000 and was built in 1962. This address can also be written as 1023 E 28th, Los Angeles, CA 90011.
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This listing information is up-to-date as of September 29, 2025. For the most current information, please contact Andrew Daggett