logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
12 Photos
icon
icon icon
4023 -4027 W 28th Street
USD 4,600,000
Property ID: 25535041
icon
4023 -4027 W 28th Street ,90018
icon --
icon 16480 SqFt
icon Built in 1959
icon USD 279/SqFt
icon 24 Beds
icon 20 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
24
Bathrooms
20
Interior Size
14650
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1959
See more icon
Detailed Introduction Of This Home
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.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
1985 Magnolia Ave
1985 Magnolia Ave
icon 1985 Magnolia Ave
7195 SqFt  / 3 Beds  / 2 Full Bas
USD 1,600,000
3839 Meriwether Road
3839 Meriwether Road
icon 3839 Meriwether Road
217800 SqFt  / 3 Beds  / 2 Full Bas
USD 399,900
8910 Soda Bay Road #G1
8910 Soda Bay Road #G1
icon 8910 Soda Bay Road #G1
0 SqFt  / 2 Beds  / 2 Full Bas
USD 105,000
24055 Paseo Del Lago #656
24055 Paseo Del Lago #656
icon 24055 Paseo Del Lago #656
0 SqFt  / 0 Bed  / 1 Full Bas
USD 30,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 12
album
album
album
album
album
album
album
album
album
album
album
album
Photos (12)
icon
icon
banner
4023 -4027 W 28th Street
USD 4,600,000 24 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder