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Peter Owens

[email protected] +1(323) 742-7833

$ 975,000

Est. payment -/mo

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2023 W 28th ST Los Angeles, CA 90018

4 Beds

4 Baths

3,596 SqFt

UPDATED:

01/06/2025 08:37 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,596 sqft

Price per Sqft $271

MLS Listing ID 25477021

Bedrooms 4

HOA Y/N No

Year Built 1926

Lot Size 6,821 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR1

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Washer

Exterior

Parking Features Assigned, Garage, Private

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

View None

Attached Garage No

Total Parking Spaces 4

Building

Faces South

Story 1

Entry Level Two

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 5053002028

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Charles Luke • Pacific Playa Realty

Peter Owens

Agent | License ID: 01992247

+1(323) 742-7833

Peter Owens

2023 W 28th ST Los Angeles, CA 90018

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2023 W 28th ST