1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
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Kevin O'keefe

Kevin O'keefe

+1(858) 260-9001
$ 1,520,000
Est. payment | /mo

12 Beds

7 Baths

3,905 SqFt

Save
$ 1,520,000
Est. payment | /mo
Save

12 Beds

7 Baths

3,905 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,905 sqft

Price per Sqft $389

MLS Listing ID SR26187181

Bedrooms 12

Full Baths 6

Half Baths 1

Year Built 1910

Lot Size 6,778 Sqft

Property Sub-Type All Other Attached

Property Description

GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unitwithout the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly. With

Location

State CA

County Los Angeles

Direction WEST OF FIGUEROA AND SOUTH OF ADAMS

Interior

Cooling Wall/Window

Fireplace No

Laundry Gas & Electric Dryer HU, Washer Hookup

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 5054034001

Acceptable Financing Cash, Cash To New Loan, Conventional, FHA, Land Contract

Listing Terms Cash, Cash To New Loan, Conventional, FHA, Land Contract

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Michael Green, DRE#00981395 Michael Green Realty & Inv. 

Schools and Properties Nearby

Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA 92131-1140, USA

Learn More About LPT Realty

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1540 W 28th