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1023 E 28th StreetLos Angeles, CA 90011

For Sale

$2,099,000

Smart Buyer Rebate $20,990

We are pleased to present this turnkey 7-unit apartment community located at 1023 E 28th St, less than 10 minutes away from Downtown Los Angeles, offered at a 10.48 GRM and 6.67% CAP on current rents with upside potential to achieve an 8.40% CAP and 8.76 GRM with proforma rents. This opportunity consists of two separate two-story buildings offering a total of 5,196 rentable square feet. The front triplex is new 2025 construction and the rear four unit was built in 1962, with two renovated units, which sit on a 7,501 square foot LARD1.5 zoned lot with six on-site parking spaces. The unit mix consists of one (1) three bedroom one-bathroom unit, four (4) two bedroom one-bathroom units and two (2) one bedroom one-bathroom units. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Listed by Casey Lins

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License #01902650

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Kidder Mathews of California, Inc.

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714-333-6768

Listed by Vincent Cook

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License #02012324

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Kidder Mathews of California, Inc.

Last updated December 10, 2025

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Source: CRMLS #25627081

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms13
  • Days on Prevu1
  • Size5,196 sqft
  • Price per sqft$404

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/09/2025
Listed by Kidder Mathews of California, Inc.
$2,099,000

Property Details for 1023 E 28th Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1962
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 5,196
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,501
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,501
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.67
  • Gross Income: $200,376.00

Taxes

  • Parcel Number: 5128023030

Interior

Measurements

  • Living Area: 5,196
  • Living Area Source: Other

Rooms

  • Bathrooms Total Integer: 7
  • Bedrooms Total: 13

Parking

Parking

  • Parking Total: 6

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 13 bedrooms in this multi-family home at 1023 E 28th Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 1023 E 28th Street.

How does 1023 E 28th Street compare to other multi-family homes in South Central LA?

This multi-family home is listed 39% above the average price for multi-family homes in South Central LA and has been on the market for 133 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 5,196 sqft.

1023 E 28th Street is a 13-bedroom multi-family home for sale in Los Angeles CA 90011. Listed on Prevu for 1 days at $2,099,000. This home features 5,196 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. Explore 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.