Investor’s Dream – Fully Committed 7-Unit in Prime LA Location! Redeveloped property at 1023 E 28th St featuring 7 total units, with 3 brand-new construction units and 2 fully remodeled units, all with high-quality finishes. Unit mix: (1) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA — an ideal combination for maximizing rent potential and parking available in front and back. This low-maintenance, modern property is built to perform — perfect for investors seeking reliable, immediate cash flow and long-term growth in a rapidly appreciating neighborhood. Value-Add Potential: Opportunity to bring the last two units to full market rent, increasing income and pushing the cap rate to nearly 8%.
Property Details
Price:
$2,199,000
MLS #:
OC25225401
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c42
Listed Date:
Sep 29, 2025
Total Sq Ft:
5,196
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1962
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Schools
Interior
Laundry Features
SEE
Exterior
Community Features
SDW, CRB
Financial
Map
Community
- AddressE 28th Lot 148 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 Nov 18, 2025
2,101
Single Family Listed
72
Avg DOM
1,009
Avg $ / SqFt
$1,905,300
Avg List Price
Property Summary
- E 28th Lot 148 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $2,199,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Los Angeles is $1,009. The average listing price for Single Family in Los Angeles is $1,905,300.
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Courtesy of The Associates Realty Group. 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.E 28th Lot 148
Los Angeles, CA