1013 E 28th St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $6,070/month
About This Home
Excellent income-producing opportunity near Downtown Los Angeles! This 7-unit property features five existing units plus two newly constructed ADUs. The unit mix includes four 1-bedroom units, two 3-bedroom units, and one 2-bedroom unit, offering strong rental diversity. The property generates a current gross monthly income of $10,330 ($123,960 annually) with over 50% rental upside. One unit can be delivered vacant the brand-new 3-bedroom, 1-bath ADU providing an excellent owner-user opportunity. Offered at $996,000, the property reflects an attractive GRM of 8 and approximately an 8% cap rate, making it ideal for investors seeking strong cash flow. Located near the YMCA, a recognized cultural landmark, with convenient access to Downtown LA, Central Avenue corridors, public transportation, and nearby retail hubs such as FIGat7th. Strong rental demand area with ongoing growth and revitalization. Don't miss this high-performing asset with both immediate income and long-term upside potential.
Property Details
Home Type
- Multi-Family
Lot Details
- 7,500 Sq Ft Lot
Home Design
Interior Spaces
- 4,352 Sq Ft Home
- Multi-Level Property
- Disposal
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
- Cable TV Available
Community Details
- 4 Buildings
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 5128-023-028
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,411 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $996,000 | +46.5% | $229 / Sq Ft | |
| 12/18/2020 12/18/20 | Sold | $680,000 | -9.3% | $187 / Sq Ft | View Prior Sale |
| 11/22/2020 11/22/20 | Pending | -- | -- | -- | |
| 08/04/2020 08/04/20 | For Sale | $750,000 | -- | $206 / Sq Ft |
Source: The MLS
MLS Number: 26751091
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