927 E 28th St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $4,652/month
Highlights
- No HOA
- Rectangular Lot
- Wall Furnace
About This Home
Exceptional value-add investment opportunity in the heart of Los Angeles. This triplex features three units across two separate structures on a generous 7,500-square-foot lot, offering investors immediate cash flow with significant upside potential through rental repositioning and property improvements. Located in a highly walkable neighborhood where necessities are just steps away, the property benefits from convenient access to local markets, restaurants, schools, public transportation, and major employment centers. Residents enjoy proximity to neighborhood favorites including 27th Street Bakery, Tam's Burgers, and numerous local eateries, along with nearby grocery options, and convenience markets. The property also offers easy access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto Arena, and major freeway corridors. Additional features include gated outdoor space, driveway parking, and strong rental demand driven by the property's central location. Whether you're seeking stable income, value-add potential, or long term appreciation in one of Los Angeles' most supply constrained housing markets, 927 E. 28th Street presents a rare opportunity to acquire a well located multifamily asset with substantial upside.
Listing Agent
Marterra Real Estate Brokerage Phone: 949-910-1042 License #01839037 Listed on: 06/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 7,500 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,786 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Driveway
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 142
- Tax Tract Number 2267
- Assessor Parcel Number 5128023024
- $573 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Other Expense $7,875
- Water Sewer Expense $5,460
- Operating Expense $5,874
- Gross Income $39,634
- Net Operating Income $33,760
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 | $6,926 | $534,811 | $276,420 | $258,391 |
| 2024 | $6,825 | $524,325 | $271,000 | $253,325 |
| 2023 | $6,700 | $514,045 | $265,687 | $248,358 |
| 2022 | $6,401 | $503,967 | $260,478 | $243,489 |
| 2021 | $6,313 | $494,086 | $255,371 | $238,715 |
| 2020 | $6,370 | $489,261 | $252,753 | $236,508 |
| 2019 | $6,132 | $479,674 | $247,798 | $231,876 |
| 2018 | $5,995 | $470,275 | $242,940 | $227,335 |
| 2016 | $5,712 | $451,785 | $233,507 | $218,278 |
| 2015 | $5,632 | $445,000 | $230,000 | $215,000 |
| 2014 | $5,132 | $392,288 | $255,841 | $136,447 |
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 |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $750,000 | 0.0% | $269 / Sq Ft | |
| 07/10/2026 07/10/26 | Pending | -- | -- | -- | |
| 06/23/2026 06/23/26 | For Sale | $750,000 | +68.5% | $269 / Sq Ft | |
| 11/14/2014 11/14/14 | Sold | $445,000 | -2.8% | $160 / Sq Ft | View Prior Sale |
| 10/06/2014 10/06/14 | Pending | -- | -- | -- | |
| 02/10/2014 02/10/14 | For Sale | $458,000 | -- | $164 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Wfg Title Company | |
| Grant Deed | $445,000 | Wfg Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | $290,000 | Natc | |
| Quit Claim Deed | -- | Natc | |
| Grant Deed | $225,000 | Stewart Title | |
| Grant Deed | -- | First American Title Ins Co | |
| Trustee Deed | $258,732 | First American Title Ins Co | |
| Grant Deed | $230,000 | South Coast Title | |
| Grant Deed | $125,000 | South Coast Title |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $314,000 | New Conventional | |
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $450,000 | Unknown | |
| Previous Owner | $436,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $337,500 | New Conventional | |
| Previous Owner | $232,000 | Purchase Money Mortgage | |
| Previous Owner | $180,000 | Balloon |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26134999
APN: 5128-023-024
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Ask me questions while you tour the home.