$750,000

Estimated payment $4,652/month

Total Views 653
9 Beds
4 Baths
2,786 Sq Ft
$269 Price per Sq Ft

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

Christine Morgan

Marterra Real Estate Brokerage Phone: 949-910-1042 License #01839037 Listed on: 06/23/2026

Co-Listing Agent

Daniel Morgan

Marterra Real Estate Brokerage Phone: 949-910-1042 License #01901285

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5460.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5128023024
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 269.20

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 39634.00
  • Gross Operating Income: 39634.00
  • Gross Scheduled Income: 39634.10
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 33759.82
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5874.18
  • Other Expense: 7875.00
  • Other Expense Description: taxes
  • Rent Control: Yes
  • Total Expenses: 5874.18

Tax Info

  • Tax Lot: 142
  • Tax Tract Number: 2267.02
  • TaxOtherAnnualAssessmentAmount: 573.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26134999

California Regional Multiple Listing Service (CRMLS)

APN: 5128-023-024

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