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2023 28th Street
Los Angeles, CA 90018
Investment Opportunity: 2023 W 28th Street, Historic West Adams! This 4-unit income property presents a fantastic investment opportunity in the highly sought-after Historic West Adams neighborhood. The building boasts fresh exterior paint (applied just two years ago) and features excellent curb appeal, situated on a beautifully tree-lined pride in ownership street. The front yard is equipped with a sprinkler system with timers, ensuring easy maintenance and lush landscaping. Ideally located, it's just 7 minutes from USC, 10 minutes to Crypto.com Arena and LA Live, 20 minutes to LAX, and minutes from major freeways offering easy access to Santa Monica and nearby cities. Each unit is designed for comfort and convenience, with 1 bedroom and 1 bathroom. Two of the upstairs units have the potential to be easily transformed into 2-bedroom spaces with added closets. The building spans 3,596 square feet on a 6,819 square foot lot, offering ample room for tenants. Additionally, there may be the possibility to add an Accessory Dwelling Unit (ADU) over the garage, further increasing the property's rental income potential. Every unit is equipped with in-unit washer and dryer hookups for added tenant convenience, and each unit is separately metered. Each unit also includes its own private covered garage. For interested buyers, The Seller May Assist with Some Relocation Costs If Needed. Please do not disturb tenants. More photos in 1 week.
PROPERTY INFORMATION
| MLS # | 24460459 | Lot Size | 6,821 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,100,000
Price Per SqFt: $ 306 |
DOM | 209 Days |
| Address | 2023 28th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,596 Sq. Ft. |
| Postal Code | 90018 | Garage | 4 |
| County | Los Angeles | Year Built | 1926 |
| Bed / Bath | 4 / 0 | Parking | N/A |
| Built In | 1926 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| SecuritySafety | Carbon Monoxide Detector(s), Smoke Detector(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/05/2024 | Listed | $1,100,000 |
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Listing provided courtesy of Charles Luke, Pacific Playa Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
