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$ 1,100,000
Est. payment | /mo
4 Beds
4 Baths
3,596 SqFt
$ 1,100,000
Est. payment | /mo
4 Beds
4 Baths
3,596 SqFt
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,596 sqft
Price per Sqft $305
MLS Listing ID 24460459
Bedrooms 4
HOA Y/N No
Year Built 1926
Lot Size 6,821 Sqft
Property 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Washer
Exterior
Garage Spaces 4.0
Garage Description 4.0
Attached Garage No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5053002028
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Charles Luke • Pacific Playa Realty