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$4,100,000
85 Days On Site

4023 -4027 W 28th Street
Los Angeles, CA 90018

For Sale|Residential Income|Active
24
Beds
20
Total Baths
14,650
SqFt
$280
/SqFt
1959
Built
County:
Los Angeles
Listed by William James of Lyon Stahl Investment Real Estate, Inc. [email protected]

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4023 -4027 W 28th Street4023 -4027 W 28th Street4023 -4027 W 28th Street4023 -4027 W 28th Street
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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.

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Listing Snapshot
Price 
$4,100,000
Days On Site 
85 Days
Bedrooms 
24
Inside Area (SqFt) 
14,650 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3783 Acres
Year Built 
1959
MLS® Number 
25535041
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $4,100,000
3 months agoListing first seen on site
General Features
Acres 
0.3783
Direction Faces 
South
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
19
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
14650
Stories 
Multi/Split
Style 
MidCenturyModern
Zoning 
LAR3
Interior Features
Appliances 
Refrigerator
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Stucco
Pool Features 
None
Spa Features 
None
View 
City Lights
Waterview 
City Lights
Community Features
MLS Area 
C16 - Mid Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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1445 Huntington Dr., Suite 260
South Pasadena, CA 91030 US
T: (888) 958-0598 F: (888) 415-8354
DRE #01998340
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