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.
24 days
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677
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41
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Zillow last checked:
Listing updated:
Listed by:
Christine MorganDRE #01839037949-910-1042,
Marterra Real Estate,
Daniel MorganDRE #01901285,
Marterra Real Estate
Source: CRMLS,MLS#: OC26134999Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 2,786
Total interior livable area: 2,786 sqft
Property
Parking
Parking features: Driveway
Features
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None
Lot
Size: 7,500 Square Feet
Features: Rectangular Lot
Details
Parcel number: 5128023024
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes
Condition
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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