1029 E 28th St
Los Angeles, CA 90011
Central City
17 Beds
7 Baths
5,044 sqft
17 Beds
7 Baths
5,044 sqft
Local Information
- Map ViewExplore the area around 1029 E 28th St.
- Schools1 Elementary School1 Middle School4 High Schools
- Shop & Eat
-- mins to
Description
Value-Add 5-Unit Multifamily Investment Near Downtown Los Angeles. Excellent opportunity to acquire a value-add 5-unit apartment building located just minutes from Downtown Los Angeles. This income-producing asset features a desirable unit mix consisting of four (4) spacious 3-bedroom, 1-bath units and one (1) oversized 5-bedroom, 2-bath unit, offering strong appeal to tenants seeking larger living spaces. The property is currently generating actual rental income with a Gross Operating Income (GOI) of $108,513, a GRM of 7.8, and a 6.9% CAP rate based on current operations. Annual operating expenses total $49,831. While the property requires repairs and improvements, it presents an outstanding value-add opportunity for investors looking to enhance the asset through renovations, operational efficiencies, and long-term appreciation. The large unit configuration and proximity to Downtown Los Angeles provide a solid foundation for future upside. Submit offers subject to inspection. Do not disturb occupants.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$169
Listed
Less than a day ago
Home Details for 1029 E 28th St
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Beds & Baths Number of Bedrooms: 17Number of Bathrooms: 7 |
Dimensions and Layout Living Area: 5044 Square Feet |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Levels: Two |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Driveway |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 5128023031 |
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Price List Price: $850,000Price Per Sqft: $169 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
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Listing Agent Listing ID: 26853639 |
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Building Area Building Area: 5044 Square Feet |
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Lot Area: 7501.032 sqft |
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Special Conditions: Standard |
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Mls Number: 26853639 |
Last check for updates: about 4 hours ago
Listing courtesy of Melissa Urena DRE # 01900591, (562) 287-4944
Real Broker, (619) 663-8680
Rick Warner DRE # 01438566, (415) 302-6348
Vanguard Properties, (707) 789-0400
Source: CLAW, MLS#26853639
Also Listed on CRMLS.
Market trends in Los Angeles
Last updated May 2026
Avg. sale price
$1M
$24.42KMoM
Sale-to-List Price
99.6%
0.5%MoM
Price per sq ft
$638
$6MoM
Available listings
8306
253MoM
Price History for 1029 E 28th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2026 | $850,000 | Listed For Sale | CLAW #26853639 |
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Comparable Sales for 1029 E 28th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $1,150,000 | 12/23/25 | 11 | 8 | 4,615 | |
0.39 | Multi-Family Home | $960,000 | 12/04/25 | 12 | 8 | 3,906 | |
0.43 | Multi-Family Home | $1,200,000 | 08/27/25 | 16 | 8 | 8,816 | |
0.55 | Multi-Family Home | $1,400,000 | 12/24/25 | 12 | 6 | 3,715 | |
0.42 | Multi-Family Home | $1,341,000 | 10/31/25 | 8 | 5 | 4,200 | |
0.58 | Multi-Family Home | $1,400,000 | 05/21/26 | 12 | 6 | 3,700 | |
0.58 | Multi-Family Home | $2,600,000 | 08/01/25 | 20 | 21 | 6,623 | |
0.78 | Multi-Family Home | $1,160,000 | 03/18/26 | 11 | 11 | 6,076 | |
0.51 | Multi-Family Home | $500,000 | 10/01/25 | 9 | 6 | 1,620 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALEKeller Williams Realty Downey
FOR SALENEW CONSTRUCTIONLyon Stahl Investment Real Estate, Inc.
FOR SALE
3D VIEWKate Ahn DRE # 01875817, Dream Realty & Investments Inc
OFF MARKETIsaac Davidi DRE # 01819489, The Davidi Company
OFF MARKETYonnine Hawkins DRE # 01715650, Chase Skye Realty Group
SOLDMAY 20, 2026EXP REALTY OF CALIFORNIA INC
SOLDDEC 23, 2025Benjamin Lee DRE # 02123715, Marcus & Millichap
FOR SALE0.25 ACRESRICO & RICO REALTY AND ASSOCIATES
Assigned Schools
These are the assigned schools for 1029 E 28th St.
- Santee Education Complex
- 9-12
- Public
- 1582 Students
4/10GreatSchools RatingParent Rating AverageAh run don dis sub bc da C crab c eggParent Review3y ago - Thomas Jefferson Senior High School
- 9-12
- Public
- 564 Students
4/10GreatSchools RatingParent Rating AverageMy twins both graduated from Jefferson high school, they both earned honors and a high GPA. My kids passed their History and Calculus AP exams, and they both received academic scholarships to help them pay for college. My kids enrolled in four year universities CSLA, UCLA. They are both pursuing a bachelors degree. They also were part of extra curriculum activities from SRLA, and avid program. They received Letterman jackets from the school. They had a wonderful experience. I also graduated from Jefferson and am very proud. Best school in South CentralParent Review7y ago - Quincy Jones Elementary School
- K-5
- Public
- 244 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High
- 9-12
- Public
- 971 Students
3/10GreatSchools RatingParent Rating AverageI taught here and the environment inside and outside of school made me feel as though I didn't know how to do my job. Who's to blame? Give teachers the option to transfer to a school that doesn't stress you out as much as Maya, for the same pay, and you'll see why there's a revolving door / high turnover rate. Especially since teacher income is based on student performance. Teachers at the school will be effective if their students were starting the education race from the same starting line as those schools in better areas. Trust me, I've flourished before and after working at that school. I don't blame the teachers at all since students are lawless there.Teacher Review7y ago - Dr. Julian Nava Learning Academies-School Of Business And Technology
- 6-8
- Public
- 572 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Nava College Preparatory Academy
- 9-12
- Public
- 598 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 1029 E 28th St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Central City
At least 233 Trulia users voted on each feature.
89 % Say there are sidewalks
76 % Say car is needed
67 % Say it's walkable to grocery stores
67 % Say yards are well-kept
64 % Say it's dog friendly
63 % Say there's holiday spirit
57 % Say streets are well-lit
56 % Say it's walkable to restaurants
55 % Say kids play outside
48 % Say they plan to stay for at least 5 years
45 % Say neighbors are friendly
36 % Say people would walk alone at night
33 % Say it's quiet
29 % Say parking is easy
26 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melissa Urena, Real Broker, (619) 663-8680
Agent Phone: (562) 287-4944
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-07 11:20:50 PDT. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
1029 E 28th St, Los Angeles, CA 90011 is a 17 bedroom, 7 bathroom, 5,044 sqft multi-family built in 1955. 1029 E 28th St is located in Central City, Los Angeles. This property is currently available for sale and was listed by CLAW on Jul 7, 2026. The MLS # for this home is MLS# 26853639.