Fixer Upper
Address
1013 E 28Th Street Los Angeles, CA
Price
$ 750,000
Property Attributes
  • MLS#20613432
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90011
  • Style
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Eliza Kerndian with Keller Williams Realty Westside.
Property Description

5 units plus one storage! 3 separate Structure, Front Building is a Triplex, middle building free standing unit, Back building is free standing building. Great unit mix, 1 X 3 Bedroom 1 Bath, 1 X 2 Bedroom 1 Bath plus 3 X 1 Bedroom 1 Bath. All units are occupied, long term tenants, Low rents - Huge potential, lots of room for growth!!! UNDER RENT CONTROL AREA, 50 % potential upside based on the market rent, Price per unit $ 159,000, Actual Gross income 56,616 Actual Cap rate 4.7 Performa Monthly rent $ 9,650 Gross Yearly $ 115,800. Price per Sqft $ 218. Great investment opportunity. Property needs TLC, Plenty parking spaces, alley access, Across street from YMCA and two doors down from church. Garage is rented as storage and producing additional $ 400 monthly.

Price History
8/4/2020 Listed $750,000

General Features

Appliances Disposal
Directions North of Jefferson, South of Adams, East of San Pedro, West of Central.
Heating Wall Furnace
Listagentaor Southwest Los Angeles
Listing Agent Eliza Kerndian - BRE#01398836
Listing Agent State License 01398836
MLS Area C42 - Downtown L.A.
Parking Features Carport, Driveway
Source System CRMLS
Special Listing Conditions Standard
Total Units 5
Zoning LARD1.5

Interior Features

Appliances Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.1700
Lot Size Area 7498.0000
Lot Size Square Feet 7498.00
Lot Size Units Square Feet
Number of Buildings 3
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90011

Price
AVG $880K
$750K
Visits
AVG 45
74
Year Built
AVG 1929
1908
Walkscore
AVG 75
76
Data Provided by Walkscore ® not using MLS data

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