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$750,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26134999
HOA Y/N No
Year Built 1930
Lot Size 7,501 Sqft
Property Sub-Type Triplex
Property Description
Exceptional value-add investment opportunity in the heart of Los Angeles. This triplex features three units across two separate structures on a generous 7,500-square-foot lot, offering investors immediate cash flow with significant upside potential through rental repositioning and property improvements. Located in a highly walkable neighborhood where necessities are just steps away, the property benefits from convenient access to local markets, restaurants, schools, public transportation, and major employment centers. Residents enjoy proximity to neighborhood favorites including 27th Street Bakery, Tam's Burgers, and numerous local eateries, along with nearby grocery options, and convenience markets. The property also offers easy access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto Arena, and major freeway corridors. Additional features include gated outdoor space, driveway parking, and strong rental demand driven by the property's central location. Whether you're seeking stable income, value-add potential, or long term appreciation in one of Los Angeles' most supply constrained housing markets, 927 E. 28th Street presents a rare opportunity to acquire a well located multifamily asset with substantial upside.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Water Connected
View Y/N No
View None
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5128023024
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Christine Morgan Marterra Real Estate 949-910-1042, DRE #01839037
NEARBY SCHOOL & BUSINESS
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