Seven-Unit Apartment
For Sale
Under Contract
$1,825,000
1023 E 28th, Los Angeles, CA 90011
Los Angeles, CA
Property SizeContact for details
Lot Size0.17 Acres
Days on Market81
Property Features for 1023 E 28th
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Laundry Room
Parking
4
Lot features
6-10 Units/ Acre
Directions
28th St
Subdivision
C42 - Downtown L.A.
Standard status
Active Under Contract
APN
5128023030
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1962
Floors in Building
2
Number of units
7
Listing Agency:
Keller Williams Realty Downey
(562) 334-1500
Listed By:
Robert Stepp · License #01456379
(310) 463-2916
Added: Jun 17
Changed: Sep 3
Last Checked: Sep 5 at 4:06PM
MLS# PW26132375
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1023 E. 28th Street in Los Angeles, this seven-unit apartment property comprises three buildings with a mix of one-, two-, and three-bedroom residences. The unit mix includes one 3BD/1BA, four 2BD/1BA, and two 1BD/1BA apartments on a 0.1722-acre parcel.
Two front buildings were completed in 2026 and include solar panels, separately metered utilities, individual water heaters, all-electric systems, and MiniSplit HVAC in every unit. These newer residences are exempt from California rent control. The rear building was constructed in 1962 and includes four apartments, one of which has been renovated with updated finishes, MiniSplit HVAC, and an in-unit washer/dryer.
The property also includes four existing parking spaces, a storage room, public water, and public sewer. Recent improvements to the older building include a new roof and upgraded main and sub electrical panels.
Two front buildings were completed in 2026 and include solar panels, separately metered utilities, individual water heaters, all-electric systems, and MiniSplit HVAC in every unit. These newer residences are exempt from California rent control. The rear building was constructed in 1962 and includes four apartments, one of which has been renovated with updated finishes, MiniSplit HVAC, and an in-unit washer/dryer.
The property also includes four existing parking spaces, a storage room, public water, and public sewer. Recent improvements to the older building include a new roof and upgraded main and sub electrical panels.
Key Highlights
- Seven units across three buildings: 1 3BD/1BA, 4 2BD/1BA, and 2 1BD/1BA
- Two front buildings completed in 2026 and exempt from California rent control
- Solar panels, separately metered utilities, individual water heaters, and all‑electric systems
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,868
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three buildings combine newer construction with a renovated unit and separately metered utilities.
Where is this apartment building located?
The property is located at 1023 E 28th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Seven units across three buildings: 1 3BD/1BA, 4 2BD/1BA, and 2 1BD/1BA; Two front buildings completed in 2026 and exempt from California rent control; Solar panels, separately metered utilities, individual water heaters, and all‑electric systems
