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.
For sale
Listed by: Marterra Real Estate • Christine Morgan • Contact: 949-910-1042
$750,000
927 E 28th St, Los Angeles, CA 90011
9beds
4baths
2,786sqft
Triplex
Built in 1930
-- sqft lot
$753,000 Zestimate®
$269/sqft
$-- HOA
What's special
- 71 days
- 503
- 36
Zillow last checked:
Listing updated:
Listed by:
Christine Morgan DRE #01839037 949-910-1042,
Marterra Real Estate,
Daniel Morgan DRE #01901285,
Marterra Real Estate
Source: CRMLS,MLS#: OC26134999
Originating 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
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
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $545,746
- Date on market: 6/23/2026
- Cumulative days on market: 71 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Electricity, Gas
Estimated market value
$753,000
$715,000 - $791,000
$2,566/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $750,000$269/sqft |
Source: | ||
| 7/10/2026 | Pending sale | $750,000$269/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $750,000-16.4%$269/sqft |
Source: | ||
| 10/24/2025 | Listing removed | $897,000$322/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $897,000+101.6%$322/sqft |
Source: | ||
| 11/14/2014 | Sold | $445,000-2.8%$160/sqft |
Source: Public Record Report a problem | ||
| 10/9/2014 | Pending sale | $458,000$164/sqft |
Source: Century 21 Classic Estates #RS14028512 Report a problem | ||
| 7/18/2013 | Price change | $458,000+1.8%$164/sqft |
Source: Century 21, Wise Ol' Owl, REALTORS #R1205918 Report a problem | ||
| 12/1/2012 | Listed for sale | $450,000+55.2%$162/sqft |
Source: Century 21, Wise Ol' Owl, REALTORS #R1205918 Report a problem | ||
| 3/10/2003 | Sold | $290,000+28.9%$104/sqft |
Source: Public Record Report a problem | ||
| 12/5/2002 | Sold | $225,000-13%$81/sqft |
Source: Public Record Report a problem | ||
| 11/27/2000 | Sold | $258,732+12.5%$93/sqft |
Source: Public Record Report a problem | ||
| 4/16/1998 | Sold | $230,000+84%$83/sqft |
Source: Public Record Report a problem | ||
| 2/23/1998 | Sold | $125,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $545,746 +2% |
| 2025 | $6,926 +1.5% | $535,051 +2% |
| 2024 | $6,825 +1.9% | $524,565 +2% |
| 2023 | $6,700 +4.7% | $514,285 +2% |
| 2022 | $6,401 +1.4% | $504,207 +2% |
| 2021 | $6,313 -0.9% | $494,326 +1% |
| 2020 | $6,370 | $489,261 +2% |
| 2019 | $6,370 +6.3% | $479,674 +2% |
| 2018 | $5,995 | $470,275 +2.1% |
| 2017 | $5,995 +2.2% | $460,820 +2% |
| 2016 | $5,867 +2.7% | $451,785 +1.5% |
| 2015 | $5,712 +11.3% | $445,000 +13.4% |
| 2014 | $5,132 | $392,288 +4.5% |
| 2011 | -- | $375,354 +0.8% |
| 2010 | -- | $372,550 -0.2% |
| 2009 | -- | $373,436 +2% |
| 2008 | -- | $366,115 +2% |
| 2007 | -- | $358,938 +2% |
| 2006 | -- | $351,900 |
| 2005 | -- | $351,900 +19.1% |
| 2004 | -- | $295,414 +31.3% |
| 2003 | -- | $225,000 -2% |
| 2002 | -- | $229,500 -4% |
| 2000 | -- | $238,946 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central City
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