4023 -4027 28th

Westlake Village Los Angeles, CA, 90018
For Sale $4,300,000
  • 24beds
  • 14,650sqft
  • 0.38acre
Listing agents:
William James
License #01734419
Lyon Stahl Investment Real Estate, Inc.
Peter James
License #01748556
Lyon Stahl Investment Real Estate, Inc.
We are pleased to present 4023-4027 W. 28th Street, a 19-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings situated on separate parcels, totaling 19 units across approximately 14,650 square feet. The unit mix includes four (2-bedroom, 1-bath), fourteen (1-bedroom, 1-bath), and one (2-bedroom, 2-bath + den) units. Combined, the parcels span approximately 16,480 square feet and are zoned LAR3.This investment is being offered at an attractive 6.20% cap rate. The properties currently generate nearly $430,000 in gross annual income, with an additional $70,000 in potential rental upside. The strong existing cash flow supports the opportunity to leverage high loan-to-value financing while preserving consistent income. West Adams continues to experience significant growth and revitalization. Ongoing development and planned improvements along West Adams Boulevard enhance the long-term value and stability of this asset, making it a compelling investment in a rapidly evolving submarket.

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4023 -4027 28th is a Residential Income property located in Los Angeles, California, featuring a 0.378 acre lot, 14,650 sqft, 24 bedrooms, MLS #25535041.

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Data last modified: 2025-06-20 19:19:11