-4027 W 28th ST
Los Angeles, CA, 90018
$4,100,000
24 Beds
20 Baths
14,650 SqFt
0.38 Acres
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MLS #25535041 image #0
We are pleased to present 4023-4027 W. 28th Street, a 19-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings situated on separate parcels, totaling 19 units across approximately 14,650 square feet. The unit mix includes four (2-bedroom, 1-bath), fourteen (1-bedroom, 1-bath), and one (2-bedroom, 2-bath + den) units. Combined, the parcels span approximately 16,480 square feet and are zoned LAR3. This investment is being offered at an attractive 7.4% cap rate and 9.29 GRM. The properties currently generate nearly $441,000 in gross annual income, with an additional $70,000 in potential rental upside. The strong existing cash flow supports the opportunity to leverage high loan-to-value financing while preserving consistent income. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.

Property Details

Price:
$4,100,000
MLS #:
25535041
Status:
Active
Beds:
24
Baths:
20
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Dec 31, 2025
Finished Sq Ft:
14,650
Total Sq Ft:
14,650
Lot Size:
16,480 sqft / 0.38 acres (approx)
Year Built:
1959
Mid Century ModernC16 – Mid Los AngelesC16midlosangelesCity Lights

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Schools

Interior

Appliances
RF
Cooling
WW
Heating
WL

Exterior

Architectural Style
MCM
Construction Materials
STC
Parking Spots
19
Security Features
SD, COD

Financial

Gross Operating Income
$429,507
Net Operating Income
$302,654

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Feb 22, 2026
7,087
Single Family Listed
77
Avg DOM
503
Avg $ / SqFt
$1,480,073
Avg List Price

Property Summary

    -4027 W 28th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90018. It is listed for $4,100,000 and features 24 beds, 20 baths, and has approximately 14,650 square feet of living space, and was originally constructed in 1959. The current price per square foot is $280. The average price per square foot for Single Family listings in Los Angeles is $503. The average listing price for Single Family in Los Angeles is $1,480,073.

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Los Angeles, CA