1128 E 28Th St, Los Angeles, CA 90011
Image 2 for 1128 E 28Th St, Los Angeles, CA 90011
Image 3 for 1128 E 28Th St, Los Angeles, CA 90011
View Photos

1128 E 28Th St Los Angeles, CA 90011

$2,150,000
  • 18 Beds
  • 12 Baths
  • 6,378 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified

Map preview of 1128 E 28Th St, Los Angeles, CA 90011

Property Overview: 1128 E 28Th St Los Angeles, CA has 18 bedrooms, 12 bathrooms, 6,378 living square feet and 6,401 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A brand new 2023 construction NON RENT CONTROLLED four unit in South Los Angeles. This property is made up of two huge 5 bed/3 bath units & two 4 bed/3 bath units along with six on site parking spots. With ALL UNITS rented already, it boasts a 7.05% cap rate! Do not miss this unmatched investment opportunity.

Listed by Isaac Davidi | BRE #01819489 | On Track Property
Last checked: 9 minutes ago | Last updated: June 27th, 2024 | Source CRMLS | DOM: 10
Get a $6,450 Cash Reward New

Buy this home with Ardent Real Estate Group and get $6,450 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,401
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24405869
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.05%
  • Gross Rent Multiplier: 10.92
  • Gross Scheduled Income: --
  • Net Operating Income: $151,536
  • Gross Operating Income: $196,800
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1128 E 28Th St

No upcoming open houses

Schedule Tour
Loading...

Property Details for 1128 E 28Th St

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 5119014001
  • Year Built Source: Seller
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Heading north on S Central Ave, turn right on E 28th st and the destination will be on your right
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 1128 E 28Th St

Last sold for $615,000 on September 8th, 2022
  • June, 2024

  • Jun 19, 2024

    Date

    Active

    CRMLS: 24405869

    $2,150,000

    Price

  • March, 2024

  • Mar 1, 2024

    Date

    Expired

    CRMLS: 24353277

    $2,649,500

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: 24353277

    $2,649,500

    Price

  • Listing provided courtesy of CRMLS

    A brand new 2023 construction NON RENT CONTROLLED four unit in South Los Angeles. This property is made up of two huge 5 bed/3 bath units & two 4 bed/3 bath unit. With ALL UNITS rented already, it boasts a 6.00% cap rate!

  • August, 2021

  • Aug 27, 2021

    Date

    Active Under Contract

    CRMLS: 21777424

    $500,000

    Price

  • Aug 27, 2021

    Date

    Active

    CRMLS: 21777424

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    Commission paid to broker of the successful bidder. Property is occupied by 3 heirs of whom two (2) are senior citizens. Property will not qualify for a loan, must be purchased 'as is', 'Cash Only', with occupants in place. Seller will make no repairs, give no credits or provide for any government requirements or retrofitting. Absolutely NO CONTINGENCIES to the sale.

Show More

Tax History for 1128 E 28Th St

Assessed Value (2020): $50,598
Year Land Value Improved Value Assessed Value
2020 $14,092 $36,506 $50,598

Home Value Compared to the Market

This property vs the competition

1128 E 28Th St is listed 73.95% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $337.1 per/sqft which puts the price per square foot 56.5% lower than the median price per square foot for the city of Los Angeles.

About 1128 E 28Th St

Detailed summary of property

1128 E 28Th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 18 bedrooms, 12 bathrooms, roughly 6,378 living square feet, and sits on an approximately 6,401 square foot lot. 1128 E 28Th St was first listed on ArdentRealEstateGroup.com on June 19, 2024. The homeowner is currently asking $2,150,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 73.95% higher than the median priced home. Local competing homes currently for sale include 240 E 60th St, 2005 Magnolia Ave and 4529 S Vermont Ave. While the average home in Los Angeles, CA is selling in 99 days, 1128 E 28Th St has a days on market of 10 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1128 E 28Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1128 E 28Th St

Public county record property details
Beds
4
Baths
2
Year built
1966
Sq. Ft.
1,924
Lot Size
6,404
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
282
APN
5119-014-001

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

Tour This Home


Buy with Ardent Real Estate Group and save $6,450.

Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message
Get a $6,450 Cash Reward New

Buy this home with Ardent Real Estate Group and get $6,450 back.

Call/Text (714) 706-1823

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.