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1128 E 28th St, South LA
South LA Fourplex
OFF-MARKET!!! Brand new, 2023 construction NON RENT CONTROLLED fourplex. 100% LEASED at market rents! Delivered with two huge, five bedroom units & two massive 4 bedroom units. Boasts a real 6.16% cap rate and $196,800 in gross annual rents! Easy to maintain CASH COW.
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The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Other Features:
$2,495,000
Fourplex
Pre-Market
4
2023
6.16%
12.98
$196,800/Year (Pro Forma)
6,378 sqft
5,740 sqft
$391.19
$623,750
2 x 5b/3b, 2 x 4b/3b
No
10 Carport Spaces
Non Rent Controlled,
Fully Leased at Market Rents
The Highlights
Fully leased at market rents.
Real 6.16% cap rate!
NO RENT CONTROL
Townhome style units!
Spacious floorplans
All units separately metered for gas, electric AND water!
Low maintenance
Minimal expenses
The Neighborhood
<15-Minute Walk
Roscoe's House of Chicken and Waffles, John C. Fremont High School, El Pollo Loco, The Burger Palace, Oh Manna Fish Market, Church's Texas Chicken, A Huevo Cafe, Ying Hana Teriyaki
<15-Minute Drive
Planet Fitness, Target, King Taco, Starbucks, Millan's Ranchito Restaurant, In-N-Out Burger, Tierra Mia, Walgreens, LA Fitness, NORMS, Coffee, Metropolitan Park Twin 2 Theatre, La Monarca Bakery & Cafe
<$15 Uber Ride
Planet Fitness, Target, King Taco, Starbucks, Millan's Ranchito Restaurant, In-N-Out Burger, Tierra Mia, Walgreens, LA Fitness, NORMS, Coffee, Metropolitan Park Twin 2 Theatre, La Monarca Bakery & Cafe
Contact
Lauren Cearley
213.302.8662
Property Presented By:
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