2023 W 28Th Street

Los Angeles, CA 90018

$975,000

List Price

4

bed Beds

4

shower Baths

3,596 sqft

straighten / sqft

1926

calendar_month Built

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!

Listing Information

List Price $975,000
Status Active
MLS 25477021
Type Residential Income
Year Built 1926
Lot Size 6,821
Structure Size 3,596
DOM 1
Courtesy Of Pacific Playa Realty
Listing Agent Charles Luke DRE#01038027

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Shed(s)

Maps

Listing information courtesy of: Charles Luke, Pacific Playa Realty 310-946-9359. *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.