438 E 28Th Street, Los Angeles, CA 90011

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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!


Interior Features

Bedroom Information
Bedrooms 20
Bathroom Information
Bathrooms 20
Flooring Information
Material Laminate
Interior Information
Cooling Type Central Air

Listing Information

Address 438 E 28Th Street
City Los Angeles
State CA
Zip 90011
County Los Angeles
Listing Agent Barbara Isabel DRE #02057627
Courtesy Of Keller Williams Beverly Hills
List Price $2,595,000
Status Active
Type Residential Income
Structure Size 6,623
Lot Size 6,250
Year Built 2025

Listing information courtesy of: Barbara Isabel, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2025 at 8:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.