We are pleased to present this turnkey 7-unit apartment community located at 1023 E 28th St, less than 10 minutes away from Downtown Los Angeles, offered at a 9.96 GRM and 7.08% CAP on current rents with upside potential to achieve an 8.91% CAP and 8.33 GRM with proforma rents. This opportunity consists of two separate two-story buildings offering a total of 5,196 rentable square feet. The front triplex is new 2025 construction and the rear four unit was built in 1962, with two renovated units, which sit on a 7,501 square foot LARD1.5 zoned lot with six on-site parking spaces. The unit mix consists of one (1) three bedroom one-bathroom unit, four (4) two bedroom one-bathroom units and two (2) one bedroom one-bathroom units. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe’s, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Property Details
Price:
$1,995,000
MLS #:
25627081
Status:
Active
Beds:
13
Baths:
7
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 10, 2025
Finished Sq Ft:
5,196
Total Sq Ft:
5,196
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Exterior
Parking Spots
6
Security Features
GC
Financial
Map
Community
- Address1023 E 28th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 03, 2026
7,168
Single Family Listed
82
Avg DOM
506
Avg $ / SqFt
$1,494,389
Avg List Price
Property Summary
- 1023 E 28th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $1,995,000 and features 13 beds, 7 baths, and has approximately 5,196 square feet of living space, and was originally constructed in 1962. The current price per square foot is $384. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,494,389.
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Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1023 E 28th ST
Los Angeles, CA