$1,100,000
Accepting Backup Offers

2023 W 28th Street

Los Angeles, CA 90018
3596 sqft | 4 beds | 0.16 acres | #24460459
Listing OfficePacific Playa Realty
Browse 34 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Investment Opportunity: 2023 W 28th Street, Historic West Adams! This 4-unit income property presents a fantastic investment opportunity in the highly sought-after Historic West Adams neighborhood. The building boasts fresh exterior paint (applied just two years ago) and features excellent curb appeal, situated on a beautifully tree-lined pride in ownership street. The front yard is equipped with a sprinkler system with timers, ensuring easy maintenance and lush landscaping. Ideally located, it's just 7 minutes from USC, 10 minutes to Crypto.com Arena and LA Live, 20 minutes to LAX, and minutes from major freeways offering easy access to Santa Monica and nearby cities. Each unit is designed for comfort and convenience, with 1 bedroom and 1 bathroom. Two of the upstairs units have the potential to be easily transformed into 2-bedroom spaces with added closets. The building spans 3,596 square feet on a 6,819 square foot lot, offering ample room for tenants. Additionally, there may be the possibility to add an Accessory Dwelling Unit (ADU) over the garage, further increasing the property's rental income potential. Every unit is equipped with in-unit washer and dryer hookups for added tenant convenience, and each unit is separately metered. Each unit also includes its own private covered garage. For interested buyers, The Seller May Assist with Some Relocation Costs If Needed. Please do not disturb tenants. More photos in 1 week.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,100,000
      • MLS #24460459
      • MLS #24460459
      • Cost1100000
      • Acres0.1566
      • Square Feet3596
      • Year Built1926
      • Bedrooms4
      • Stories2
      • Parking Spaces4

Location

Cristina Arneson-CabreraReal Estate Group
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Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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