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Closed
- Listed price
- $1,170,000
- Listed Feb 22, 2022
- Sold price
- $1,075,000
- Sold Jun 6, 2022
6,252 sqft lot|1919 Built|52 MLS days on market
217 E 28TH St, Los Angeles, CA 90011
Property Description
One of the lowest costs of entry into LA Multi-Family, 217 E 28th Street is a 5-unit priced at $1,170,000 in the heart of South Los Angeles. This income producing property features a unit mix of 3-bedroom, 2-bedroom, and 1-bedroom units. Located in Historic South Central and just East of USC Campus, the subject property is just minutes from where I-10 and I-110 intersect. Soft-Story Retrofit work has already been completed per LADBS regulations and the Certificate of Compliance has been issued. The new owner will enjoy a value-add asset located in an OPPORTUNITY ZONE with approximately 53% rental upside. There is also the potential to build (1) ADU in the rear parking lot (Buyer to Verify). The astute investor will be able to aggressively capture the remaining upside, as 217 E 28th St remains an attractive space to a wide variety of qualified tenants in the ever developing, up and coming city of South LA, one of the largest submarkets in The Greater Los Angeles Area. PLEASE NOTE: 3 bedroom unit is currently vacant and in rent ready condition.
Listing agent: Chase SimontonDRE #01766871Chase@RemaxOneCommercial.com, Listing office: RE/MAX One
MLS data updated 10/31/2026, 3:06:50 AM PT
Source: CRMLSMLS #: 22130045
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,075,000
Jun 6, 2022
Available records32022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,075,000Closed sale · Jun 6, 2022ZIP 90011 · Jun 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 3 price recordsFeb 22, 2022 – Jun 6, 2022
ZIP 90011 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.