Property listed by Marterra Real Estate, Christine Morgan 949-910-1042
$750,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
6
Last Updated
Property Type
Triplex
Lot Size
0.17 Acres
Year Built
1930
MLS Number
OC26134999
Additional Details
Building
Built in 1930, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
None
Expenses
Operating: $5,874.18, Water/Sewer: $5,460, Other Expense: $7,875
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $39,634, Gross ScheduledIncome: $39,634.1, Net Operating Income: $33,759.8
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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