73
See all 73 photos
$2,595,000
Est. payment /mo
20 BD
20 BA
6,623 SqFt
New
438 E 28th ST Los Angeles, CA 90011
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UPDATED:
01/30/2025 08:36 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,623 sqft
Price per Sqft $391
MLS Listing ID 25491177
Bedrooms 20
HOA Y/N No
Year Built 2025
Lot Size 6,250 Sqft
Property Description
UNPARARELLELED BRAND NEW FOURPLEX at over 7.5% CAP RATE!! This brand new construction boats two 3-story duplexes boasting 5bed/5bath per unit with attached garage access plus additional spots on site. Make this your first smart investment or the next one. Open floor plans, several master bedrooms in all units, walk-in closets, high ceilings, custom window shades. There are also beautiful quartz countertops in the kitchens and bathrooms with custom decorative backsplash throughout each. Some other features include stainless steel appliances, custom kitchen cabinets, two-toned interior painting, HVAC systems, low voltage led recessed lighting, laundry rooms with washer/dryer, drought tolerant landscaping, automatic fire sprinkler system throughout all units. Rear duplex has a 2-car garage plus 2 tandem parking spots, plenty of parking with decorative pavers throughout the property. All units are individually metered for water, gas, and electricity. Tenants pay all utilities keeping costs low for you! The property includes solar panels that are owned and fully paid off.This is a very low maintenance, turnkey property in a dense and desirable rental market with major job centers nearby such as Downtown Los Angeles, University of Southern California, and the warehouse industrial center just SouthEast of Downtown. Rent Control. Do not miss out on this opportunity!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Dryer, Washer
Exterior
Parking Features Attached Carport, Assigned, Garage, Side By Side, Tandem, Uncovered
Attached Garage Yes
Total Parking Spaces 8
Building
Story 3
Entry Level Three Or More
Architectural Style Contemporary
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 5128008013
Special Listing Condition Standard
Listed by Barbara Isabel • Keller Williams Beverly Hills