- 5 Beds
- 4 Baths
- 14,650 Sqft
- .38 Acres
4023 -4027 W 28th Street
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.
Essential Information
- MLS® #25535041
- Price$4,100,000
- Bedrooms5
- Bathrooms4.00
- Square Footage14,650
- Acres0.38
- Year Built1959
- TypeResidential Income
- StyleMid-Century Modern
- StatusActive
Community Information
- Address4023 -4027 W 28th Street
- AreaC16 - Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
Amenities
- Parking Spaces19
- ParkingAssigned
- GaragesAssigned
- ViewCity Lights
- PoolNone
Interior
- AppliancesRefrigerator
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- FireplacesNone
- # of Stories2
- StoriesMulti/Split
Exterior
- ExteriorStucco
- ConstructionStucco
Additional Information
- Date ListedMay 6th, 2025
- Days on Market198
- ZoningLAR3
Listing Details
- AgentWilliam James
Office
Lyon Stahl Investment Real Estate, Inc.
Price Change History for 4023 -4027 W 28th Street, Los Angeles, (MLS® #25535041)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,300,000 to $4,100,000 | ||
| Price Reduced from $4,600,000 to $4,300,000 |
William James, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 20th, 2025 at 4:11am PST. 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. 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, 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.