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4023-4027 W 28th St
Los Angeles, CA 90018 West Adams

$4,100,000 USD

Apartments For Sale  •  14,650 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,650 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1963
  • Zoning LAR3
50 Transit Score
75 Walk Score

Highlights

Located in a prime West Adams location just east of Crenshw Blvd surrounded by trendy restaurants, shopping and nightlife
Property consists of two adjacent buildings totaling 19 units
No on-site manager required
Great cash flow opportunity offered at a 7.38% cap rate and 9.29 GRM allowing a new buyer excellent leverage
Well maintained asset with little deferred maintenance. Most units have been updated

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 12 min - 7.2 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.3 mi
Transit/SubwayDriveWalkDistance
Expo/Crenshaw (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.4 mi
Bob Hope 26 min - 15.0 mi
Long Beach (Daugherty Field) 34 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Will James 310-600-9858 Lyon Stahl Investment Real Estate
Will James 310-600-9858 Lyon Stahl Investment Real Estate