
4027 W 28th St Los Angeles, CA 90018
Jefferson Park NeighborhoodEstimated payment $26,548/month
Highlights
- City View
- Midcentury Modern Architecture
- South Facing Home
- 0.38 Acre Lot
- Laundry Room
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 05/06/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 100x165
- South Facing Home
Home Design
- Midcentury Modern Architecture
- Split Level Home
- Stucco
Interior Spaces
- 14,650 Sq Ft Home
- 2-Story Property
- City Views
- Oven or Range
Bedrooms and Bathrooms
- 24 Bedrooms
- 20 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 19 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 5051-004-007
Community Details
Overview
- 2 Buildings
- 19 Units
Building Details
- Rent Control
- Vacancy Allowance $13,284
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | Price Changed | $4,100,000 | -4.7% | $280 / Sq Ft |
06/20/2025 06/20/25 | Price Changed | $4,300,000 | -6.5% | $294 / Sq Ft |
05/06/2025 05/06/25 | For Sale | $4,600,000 | -- | $314 / Sq Ft |
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