NOT LISTED FOR SALE

1013 E 28th St Los Angeles, CA 90011

Historic South Central Neighborhood
9 Beds
5 Baths
3,642 Sq Ft
7,498 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $680,000 $187 Per Sq Ft

110 Days on Market

About This Home

As of December 2020

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.

Last Agent to Sell the Property

Eliza Kerndian

Keller Williams Beverly Hills License #01398836 Listed on: 08/04/2020

Keller Williams Beverly Hills

Last Buyer's Agent

Eliza Kerndian

Keller Williams Realty Westside License #01398836

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 7,498

Home Design

  • 3,642 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • Disposal
  • 7,498 Sq Ft Lot

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-023-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 3642
  • Lot Acreage: 0.1721
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 5.00
  • Equipment: Cable, Garbage Disposal
  • Price Per S Q F T: 205.93

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 51.02
  • Assessed Land Percent: 48.98
  • Assessor Parcel Number: 5128-023-028
  • Lot Size Area: 7498

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.24
  • Number Of Units: 5
  • Type Of Units: income

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $680,000 -9.3% $187 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $750,000 -- $206 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,232 $736,051 $404,828 $331,223
2024 $9,232 $721,620 $396,891 $324,729
2023 $9,061 $707,471 $389,109 $318,362
2022 $8,651 $693,600 $381,480 $312,120
2021 $8,531 $680,000 $374,000 $306,000
2020 $6,775 $519,991 $254,689 $265,302
2019 $6,521 $509,796 $249,696 $260,100
2018 $6,449 $499,800 $244,800 $255,000
2016 $5,858 $456,862 $192,897 $263,965
2015 $1,345 $78,194 $33,670 $44,524
2014 $1,385 $76,663 $33,011 $43,652
Source: Public Records

Agents Affiliated with this Home

  • Eliza Kerndian

    Seller's Agent in 2020

    Eliza Kerndian

    Keller Williams Beverly Hills

    (310) 482-2500

    1 in this area

    28 Total Sales

    Eliza Kerndian
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Map

Source: The MLS

MLS Number: 20-613432

The MLS
California Los Angeles County Los Angeles 90011 Historic South Central

1013 E 28th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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