2023 W 28Th Street, Los Angeles, CA 90018

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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!


Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type None

Listing Information

Address 2023 W 28Th Street
City Los Angeles
State CA
Zip 90018
County Los Angeles
Listing Agent Charles Luke DRE #01038027
Courtesy Of Pacific Playa Realty
List Price $975,000
Status Active
Type Residential Income
Structure Size 3,596
Lot Size 6,821
Year Built 1926

Listing information courtesy of: Charles Luke, Pacific Playa Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 8:37 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.