136 E 28th St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $5,174/month
About This Home
4-Unit Investment Near Downtown LA & USC! Strong Income & Prime Location! Don't miss this rare opportunity to own a high-performing 4-unit property just minutes from Downtown Los Angeles and USC! Located near Main St and 28th St, this well-positioned asset offers four spacious 2-bedroom, 1-bath units - each generating substantial rental income with room for future growth. The property features numerous recent upgrades, is well-maintained, and offers ample on-site parking, a significant bonus in this area. Whether you're looking for a solid income-producing asset or a property with long-term appreciation potential, this one checks all the boxes. Set in a rapidly developing neighborhood near the heart of LA, this investment is ready to deliver immediate returns as-is, with incredible upside thanks to its unbeatable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,246
Year Built
- Built in 1940
Lot Details
- 6,259 Sq Ft Lot
Interior Spaces
- 2,822 Sq Ft Home
- 2-Story Property
- Oven or Range
- Property Views
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Detached Garage
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Sewer in Street
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5128-003-008
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,246 | $825,479 | $501,981 | $323,498 |
| 2024 | $10,246 | $809,294 | $492,139 | $317,155 |
| 2023 | $10,053 | $793,427 | $482,490 | $310,937 |
| 2022 | $9,595 | $777,871 | $473,030 | $304,841 |
| 2021 | $9,470 | $762,619 | $463,755 | $298,864 |
| 2019 | $8,689 | $697,068 | $364,140 | $332,928 |
| 2018 | $8,559 | $683,400 | $357,000 | $326,400 |
| 2017 | $4,255 | $324,676 | $216,451 | $108,225 |
| 2016 | $4,133 | $318,310 | $212,207 | $106,103 |
| 2015 | $4,076 | $313,530 | $209,020 | $104,510 |
| 2014 | $4,115 | $307,389 | $204,926 | $102,463 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $799,000 | -15.8% | $283 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $949,000 | +41.6% | $336 / Sq Ft |
| 05/10/2017 05/10/17 | Sold | $670,000 | -0.7% | $237 / Sq Ft |
| 05/03/2017 05/03/17 | Pending | -- | -- | -- |
| 04/17/2017 04/17/17 | For Sale | $675,000 | +0.7% | $239 / Sq Ft |
| 04/07/2017 04/07/17 | Off Market | $670,000 | -- | -- |
| 12/14/2016 12/14/16 | Price Changed | $675,000 | +4.0% | $239 / Sq Ft |
| 11/09/2016 11/09/16 | For Sale | $649,000 | -- | $230 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $740,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $670,000 | Usa National Title Co | |
| Grant Deed | $300,000 | None Available | |
| Trustee Deed | $239,700 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Diversified Title Company | |
| Grant Deed | $250,000 | South Coast Title | |
| Interfamily Deed Transfer | -- | First American | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | United Title | |
| Grant Deed | $120,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Quit Claim Deed | -- | Fidelity Title | |
| Trustee Deed | $135,290 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $481,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $227,500 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $495,000 | New Conventional | |
| Previous Owner | $95,000 | Credit Line Revolving | |
| Previous Owner | $288,000 | Unknown | |
| Previous Owner | $243,600 | FHA | |
| Previous Owner | $7,125 | No Value Available | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $130,200 | No Value Available | |
| Previous Owner | $110,250 | No Value Available | |
| Closed | $7,125 | No Value Available |
Source: The MLS
MLS Number: 25564807
APN: 5128-003-008
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