2023 W 28th St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,596 sqft
Price per Sqft $271
MLS Listing ID 25-477021
Bedrooms 4
Year Built 1926
Lot Size 6,821 Sqft
Acres 0.1566
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!
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LAR1
Rooms
Other Rooms Shed(s)
Interior
Heating Wall
Cooling None
Equipment Gas Dryer Hookup, Washer
Exterior
Parking Features Assigned, Garage, Garage Is Detached, Private Garage
Garage Spaces 4.0
View Y/N No
View None
Building
Story 1
Level or Stories Two
Others
Special Listing Condition Standard