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$1,520,000
1 Day On Site

1540 W 28th
Los Angeles, CA 90007

For Sale|Quadruplex|Active
12
Beds
7
Total Baths
6
Full Baths
1
Partial Bath
3,905
SqFt
$389
/SqFt
1910
Built
County:
Los Angeles
Listed by Michael Green of Michael Green Realty & Inv. [email protected]
1540 W 28th1540 W 28th1540 W 28th1540 W 28th
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Monthly Payment (Est.)

$6,935
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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 unit—without 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 the right lender, a buyer-investor may be able to acquire with an FHA loan and a down payment of 5% or less.

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Listing Snapshot
Price 
$1,520,000
Days On Site 
1 Day
Bedrooms 
12
Inside Area (SqFt) 
3,905 sqft
Total Baths 
7
Full Baths 
6
Partial Baths 
1
Lot Size 
0.1556 Acres
Year Built 
1910
MLS® Number 
SR26187181
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.1556
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Appliances 
Washer/Dryer Stacked
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer HookupLaundry Room
Main Level Bedrooms 
12
Kitchen 
Laundry 
Living Room 
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Exterior Features
Pool Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
GROUND
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventionalContractFHA
MLS Area 
C34 - Los Angeles Southwest
School District 
Los Angeles Unified
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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