Prevu by reAlpha
BuySellBlogBrowse Listings

1013 E 28th StreetLos Angeles, CA 90011

For Sale

$996,000

Smart Buyer Rebate $9,960

Excellent income-producing opportunity near Downtown Los Angeles! This 7-unit property features five existing units plus two newly constructed ADUs. The unit mix includes four 1-bedroom units, two 3-bedroom units, and one 2-bedroom unit, offering strong rental diversity. The property generates a current gross monthly income of $10,330 ($123,960 annually) with over 50% rental upside. One unit can be delivered vacant the brand-new 3-bedroom, 1-bath ADU providing an excellent owner-user opportunity. Offered at $996,000, the property reflects an attractive GRM of 8 and approximately an 8% cap rate, making it ideal for investors seeking strong cash flow. Located near the YMCA, a recognized cultural landmark, with convenient access to Downtown LA, Central Avenue corridors, public transportation, and nearby retail hubs such as FIGat7th. Strong rental demand area with ongoing growth and revitalization. Don't miss this high-performing asset with both immediate income and long-term upside potential.

Listed by Eliza Kerndian

·

License #01398836

·

Keller Williams Beverly Hills

·

310-924-7244

Last updated April 28, 2026

·

Source: CRMLS #26751091

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms12
  • Days on Prevu12
  • Size4,352 sqft
  • Price per sqft$229

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/20/2026
Listed by Keller Williams Beverly Hills
$996,000

Property Details for 1013 E 28th Street

Exterior

Construction

  • Number Of Units Total: 7

Measurements

  • Building Area Total: 4,352
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,500
  • Lot Size Square Feet: 7,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 8.08
  • Gross Income: $123,960.00

Taxes

  • Parcel Number: 5128023028

Interior

Features

  • Appliances: Disposal

Measurements

  • Living Area: 4,352
  • Living Area Source: Estimated

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 12

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 12 bedrooms in this multi-family home at 1013 E 28th Street.

How does 1013 E 28th Street compare to other multi-family homes in South Central LA?

This multi-family home is listed 34% below the average price for multi-family homes in South Central LA and has been on the market for 122 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,352 sqft.

1013 E 28th Street is a 12-bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 12 days at $996,000. This home features 4,352 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $962,500. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.