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 Details
Price:
$1,100,000
MLS #:
24460459
Status:
Active Under Contract
Baths:
0
Address:
2023 W 28th Street
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
90018
Lot Size:
6,821 sqft / 0.16 acres (approx)
Year Built:
1926
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
4.00
Parking Spots
0.00
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories Total
2
Financial
Tenant Pays
Gas, Electricity, Cable T V
Map
Community
- Address2023 W 28th Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of Pacific Playa Realty. 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 2024. California Regional Multiple Listing Service. All rights reserved.
2023 W 28th Street
Los Angeles, CA
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