Major Price Improvement! Highly Motivated Seller! Investment Opportunity: 2023 W 28th Street, This 4-unit income property in the highly desirable Historic West Adams neighborhood presents an exceptional investment opportunity. The building, boasting fresh exterior paint (completed just two years ago), offers impressive curb appeal and sits on a beautifully tree-lined, pride-of-ownership street. The front yard features a sprinkler system with timers for easy maintenance and lush landscaping. Strategically located, this property is just 7 minutes from USC, 10 minutes to Crypto.com Arena and LA Live, 20 minutes to LAX, and minutes from major freeways, providing convenient access to Santa Monica and neighboring cities. Each unit is thoughtfully designed for comfort and convenience, featuring 1 bedroom and 1 bathroom. Two of the upstairs units can easily be transformed into 2-bedroom units with added closets, increasing their appeal and rental potential. The building spans 3,596 square feet on a 6,819 square foot lot, offering ample room for tenants. Additionally, there is significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) above the garage, enhancing rental income potential. Every unit comes with in-unit washer and dryer hookups for added tenant convenience, and each unit is separately metered for utilities. Additionally, each unit includes its own private, covered garage. Seller May Assist with Some Relocation Costs if needed. Please do not disturb tenants. Don’t miss out on this great opportunity!
Property Details
Price:
$975,000
MLS #:
25477021
Status:
Active
Baths:
0
Address:
2023 W 28th Street
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 5, 2025
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 Features
Assigned, Garage, Private
Parking Spots
4.00
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories Total
1
View
None
Financial
Tenant Pays
Electricity, Gas
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 2025. California Regional Multiple Listing Service. All rights reserved.
2023 W 28th Street
Los Angeles, CA
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