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$2,199,000
$6,800Reward *
1023 E 28th, Los Angeles, CA 90011Listing ID OC25225401

1023 E 28th, Los Angeles, CA 90011

Active
Time on site: 322 days • Last updated: Sep 30, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Mixed Use
Square Feet
Square Feet
5,196
Acres
Acres
0.17
Days on Site
Days on Site
321
Year Built
Year Built
1962

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%.

Property Information

Property Details

Location

Address
1023 E 28th
County
Los Angeles
City
Los Angeles
Zip Code
90011
MLS Area
C42 - Downtown L.A.

Interior Features

Other Rooms

Laundry Features
See Remarks

Building

Building Information

Square Feet
5,196
Year Built
1962

Financial

Special Conditions
Standard
Andrew Daggett • The Associates Realty Group, (844) 504-4965

Market Report for 90011

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

OCDAGGAND