438 E 28Th Street

Los Angeles, CA 90011

$2,595,000

List Price

20

bed Beds

20

shower Baths

6,623 sqft

straighten / sqft

2025

calendar_month Built

Property Description

UNPARARELLELED BRAND NEW FOURPLEX at over 7.5% CAP RATE!! This brand new construction boats two 3-story duplexes boasting 5bed/5bath per unit with attached garage access plus additional spots on site. Make this your first smart investment or the next one. Open floor plans, several master bedrooms in all units, walk-in closets, high ceilings, custom window shades. There are also beautiful quartz countertops in the kitchens and bathrooms with custom decorative backsplash throughout each. Some other features include stainless steel appliances, custom kitchen cabinets, two-toned interior painting, HVAC systems, low voltage led recessed lighting, laundry rooms with washer/dryer, drought tolerant landscaping, automatic fire sprinkler system throughout all units. Rear duplex has a 2-car garage plus 2 tandem parking spots, plenty of parking with decorative pavers throughout the property. All units are individually metered for water, gas, and electricity. Tenants pay all utilities keeping costs low for you! The property includes solar panels that are owned and fully paid off.This is a very low maintenance, turnkey property in a dense and desirable rental market with major job centers nearby such as Downtown Los Angeles, University of Southern California, and the warehouse industrial center just SouthEast of Downtown. Rent Control. Do not miss out on this opportunity!

Listing Information

List Price $2,595,000
Status Active
MLS 25491177
Type Residential Income
Year Built 2025
Lot Size 6,250
Structure Size 6,623
DOM 1
Courtesy Of Keller Williams Beverly Hills
Listing Agent Barbara Isabel DRE#02057627

Interior Features

Total Bedroom
Bedrooms 20
Total Bathroom
Bathrooms 20
Flooring Information
Material Laminate
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Barbara Isabel, Keller Williams Beverly Hills 213-259-5283. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2025 at 8:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.