CA > Los Angeles
Los Angeles, CA 90018,4023 -4027 W 28th ST
Los Angeles, CA 90018,4023 -4027 W 28th ST
Los Angeles, CA 90018,4023 -4027 W 28th ST
12
See all 12 photos
$4,600,000
Est. payment /mo
Save
24 Beds
20 Baths
14,650 SqFt
New

4023 -4027 W 28th ST Los Angeles, CA 90018

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
4
Jun
Thu
5
Jun
Fri
6
Jun
Khatera Mivehchi

Khatera Mivehchi

+1(619) 990-7293

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,650 sqft

Price per Sqft $313

MLS Listing ID 25535041

Bedrooms 24

HOA Y/N No

Year Built 1959

Lot Size 0.378 Acres

Lot Dimensions Assessor

Property Description

We are pleased to present 40234027 W. 28th Street, a 19-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings situated on separate parcels, totaling 19 units across approximately 14,650 square feet. The unit mix includes four (2-bedroom, 1-bath), fourteen (1-bedroom, 1-bath), and one (2-bedroom, 2-bath + den) units. Combined, the parcels span approximately 16,480 square feet and are zoned LAR3.This investment is being offered at an attractive 6.20% cap rate. The properties currently generate nearly $430,000 in gross annual income, with an additional $70,000 in potential rental upside. The strong existing cash flow supports the opportunity to leverage high loan-to-value financing while preserving consistent income. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 19

Private Pool No

Building

Faces South

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5051004007

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by William James • Lyon Stahl Investment Real Estate, Inc.

GET MORE INFORMATION

agent

Khatera Mivehchi

Broker Associate | License ID: 01410928

+1(619) 990-7293

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Khatera Mivehchi, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

4023 -4027 W 28th ST