Search
Seven-Unit Apartment Property
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 Market143

Property Features for 1023 E 28th

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 5, Laundry Room, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
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
Buildings 3
Listing Agency: Keller Williams Realty Downey
Listed By: Robert Stepp · License #01456379
Added: Jun 17 Changed: Nov 3 Last Checked: Nov 6 at 1:06PM
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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,868
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved