Los Angeles, CA 90031 2028 Daly Street

Presented By: Paul Luc with Resource Real Estate Services; 323-229-0398
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# AR25179186
  • 08/08/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 7,654
  • Garage • 9

Home Details

First time on the market in a generation, this 9-unit non-RSO apartment building is a rare find with huge upside with super low rents. Built in 1988, the property offers a great mix of units: 1 three-bedroom/two-bath, 4 two-bedroom/two-bath, and 4 one-bedroom/one-bath. The attractive layouts and size of all units make it especially appealing to tenants. The property is conveniently located near everything—buses, Metro lines, markets, schools, and hospitals. Most of the units have updated kitchens with granite countertops, and all are separately metered for gas and electricity. Under an astute owner there is tremendous upside in rent and appreciation. This is a solid opportunity to add a clean, low-maintenance, and well-located building to your portfolio. Please do not disturb tenants. Drive by only. Showings available with accepted offer.
Presented By: Paul Luc with Resource Real Estate Services; 323-229-0398

Interior Features for 2028 Daly Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 2028 Daly Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
ContingencyBuyer to cooperate with seller's 1031 exchange with no additional cost to buyer.
CountyLos Angeles
Directionsbetween Broadway & Main St
Electric Expense2000.0
Entry Locationstreet
Fuel Expense200.0
Garage Spaces9.0
Garage Y/NYes
Gross Income164000.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Exchange1031
Lot Size Square Feet7757.0
Lot Size UnitsSquareFeet
MLS Area677 - Lincoln Hts
MobileHomeRemainsYNNo
Net Operating Income115000.0
New ConstructionNo
Number Of Units Total9
Operating Expense50000.0
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot16
Tenant PaysElectricity, Gas
Total Actual Rent13689.0
Trash Expense950.0
Water Sewer Expense1500.0
Year Built1988
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 2028 Daly Street

Building Area Total7654.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1781
Lot Size Area7757.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,288,000
MLS#AR25179186
List Date 08/08/2025
Property Type Multi-Family
Phone 714.742.6515
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