1013 E 28Th Street, Los Angeles, CA 90011
Property · 2 recorded sales since 2015
Sold December 2020
Listing Agent: Eliza Kerndian (DRE #01398836) · Listing Office: Keller Williams Realty Westside · Contact: 310-482-2500 · Bought with: Eliza Kerndian · Keller Williams Realty Westside · MLS #20613432 · Source: CRMLS
About this property
5 units plus one storage! 3 separate Structure, Front Building is a Triplex, middle building free standing unit, Back building is free standing building. Great unit mix, 1 X 3 Bedroom 1 Bath, 1 X 2 Bedroom 1 Bath plus 3 X 1 Bedroom 1 Bath. All units are occupied, long term tenants, Low rents - Huge potential, lots of room for growth!!! UNDER RENT CONTROL AREA, 50 % potential upside based on the market rent, Price per unit $ 159,000, Actual Gross income 56,616 Actual Cap rate 4.7 Performa Monthly rent $ 9,650 Gross Yearly $ 115,800. Price per Sqft $ 218. Great investment opportunity. Property needs TLC, Plenty parking spaces, alley access, Across street from YMCA and two doors down from church. Garage is rented as storage and producing additional $ 400 monthly.
Listing description from the December 2020 sale, as reported to CRMLS.
Sale history
