$850,000

933 E 28th Street, Los Angeles, CA 90011

  • 13 beds |
  • 7 baths |
  • 4,417 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $192/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Offered is a value-add South Central property consisting of a vacant 1,500+ SF house and quadruplex with 1 vacant unit. The house is in need of a full gut renovation and reconfiguration, ideal for a Jr. ADU conversion. The vacant unit in the 4plex is also in need of remodeling. Once rented, the owner will have 2 (or 3!) units at market rent, with significant upside in rent for the legacy tenants. Located on a corner lot with 2 curb cuts, there are 11 open parking spaces currently leased by the tenants on separate parking leases. The property will be sold with a recently passed SCEP Inspection. At under $200/SF and operating with all 2-4 bedroom units, this is an incredible deal at an affordable price point with huge upside. Located directly across from the YMCA and a church, and minutes from USC and the vibrant Exposition Park district, home to famous venues including BMO Stadium and Los Angeles Memorial Coliseum. Residents and tenants also benefit from immediate access to major cultural institutions such as the Natural History Museum and the California Science Center. This is a compelling value-add opportunity in a high-demand rental submarket, with multiple pathways for income growth through renovation, repositioning, and future development. Marketing package available with more info. Potential to be sold with other multifamily properties from same owner.

Listing Status:
Active
Date Added:
September 23, 2026
Data Last Updated:
October 8, 2026 at 11:19PM
Listing Office:
Compass : 818-783-7721
Listing Agent:
Dana Coronado : 310-562-9630
MLS ID:
26856169
  • Appliances: Gas Oven
  • Flooring: CarpetLaminateTile
  • Heating: Natural GasWall Furnace
  • Fireplace: DecorativeFireplace
  • Disability Feature: None
  • General: None
  • Style: Colonial
  • Other Structures: None
  • Pool: None
  • Parking: GatedParking spaces: 11
  • Roofing: Composition
  • General: StuccoWood Siding2Raised
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD25128023025
  • View: None
  • Sewer: Sewer Tap Paid
  • Source: CRMLS_CL

This listing courtesy of Dana Coronado , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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  • 12 bed |
  • 6 bath |
  • 4,048 sqft |
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