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.
Off market
$721,620
1013 E 28th St, Los Angeles, CA 90011
9beds
5baths
3,642sqft
MultiFamily
Built in 1908
-- sqft lot
$-- Zestimate®
$198/sqft
$4,174 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Cooling
- Other
Appliances
- Included: Garbage disposal
Interior area
- Total interior livable area: 3,642 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
Lot
- Size: 7,496 sqft
Details
- Parcel number: 5128023028
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1908
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Garbage Disposal, Cable
- Heating: Wall
- PropertyType: Residential Income
- Cooling: Other
- SourceLivingArea: Assessor
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Driveway, Carport
- ListingArea: Downtown L.A.
- Country: US
- Style: California Bungalow
- ListingStatus: Active Under Contract
- UnitTypeType: 2106, 2107, 2108, 2109, 2110