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4023 -4027 W 28th Street, Los Angeles, CA 90018
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$4,100,000
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Home Details for 4023 -4027 W 28th Street
Price
$4,100,000
Type
other
Bedrooms
24
Total Bathrooms
20
Year Build
1959
Sq. Ft.
14650
Lot Size
0.3783
County
Los Angeles
MLS®️ Listing#
25535041
On exitrealty.com
171 days
Property Description
We are pleased to present 4023-4027 W. 28th Street, a 19-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings situated on separate parcels, totaling 19 units across approximately 14,650 square feet. The unit mix includes four (2-bedroom, 1-bath), fourteen (1-bedroom, 1-bath), and one (2-bedroom, 2-bath + den) units. Combined, the parcels span approximately 16,480 square feet and are zoned LAR3. This investment is being offered at an attractive 7.4% cap rate and 9.29 GRM. The properties currently generate nearly $441,000 in gross annual income, with an additional $70,000 in potential rental upside. The strong existing cash flow supports the opportunity to leverage high loan-to-value financing while preserving consistent income. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.
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Listing Courtesy: Lyon Stahl Investment Real Estate, Inc. - 310-425-9838. Presented by: William James and Peter James
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-30 17:15:12 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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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$4,100,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.