455 E 28th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE UNDER CONTRACT$675,000
455 E 28th Street, Los Angeles, California 90011
3Beds
1Bath
1,116Sqft
6,242Lot
Year Built
1903
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25191275
Home ConditionPoor
Features
View-
About this home
Incredible Investment Opportunity: A 3-bedroom, 1-bathroom home offers a rare chance to own property. This property is ideal for investors or visionaries ready to bring their rehab ideas to life. Situated on an R2-zoned lot, there's potential to add an additional dwelling unit (ADU) or expand the existing footprint. The property has 3 bedrooms, and the Title shows 2 beds (Buyer to verify). Square footage has been auto-populated from public records. Buyer to verify building square footage, age, permits, and lot size with City of Los Angeles and County records. Unlock the value in this prime location and reimagine what this home can become!
Nearby schools
5/10
Dolores Huerta Elementary School
Public,•K-5•0.2mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.3mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
/10
Maple Primary Center
Public,•K-1•0.5mi
3/10
Trinity Street Elementary School
Public,•K-5•0.7mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.7mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.8mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.8mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.2mi
4/10
Norwood Street Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.4mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.5mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.6mi
2/10
John W. Mack Elementary School
Public,•K-5•1.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.7mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.9mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.1mi
4/10
John Adams Middle School
Public,•6-8•0.5mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.7mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.0mi
3/10
George Washington Carver Middle School
Public,•6-8•1.3mi
2/10
John Muir Middle School
Public,•6-8•2.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.9mi
5/10
Santee Education Complex
Public,•9-12•0.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.8mi
4/10
West Adams Preparatory High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
08/25/25
Listing
$675,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (30 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 1 | 2 | 45% |
| Square foot | 1,116 | 1,216 | 42% |
| Lot Size | 6,242 | 5,156 | 94% |
| Price | $675K | $560K | 71% |
| Price per square foot | $605 | $513 | 65% |
| Built year | 1903 | 1911 | 13% |
| HOA | |||
| Days on market | 73 | 193 | 3% |
Condition Rating
Poor
Built in 1903, this property is explicitly marketed as needing 'rehab ideas to life,' indicating substantial repairs and rehabilitation are required. While no interior images are provided, the description strongly implies that the kitchen, bathroom, and all major systems are severely outdated, worn, or non-functional, necessitating extensive renovation to meet modern standards. The exterior images confirm the property's age and lack of recent significant updates.
Pros & Cons
Pros
Significant Investment/Value-Add Potential: Explicitly marketed as an 'Incredible Investment Opportunity' for 'investors or visionaries ready to bring their rehab ideas to life,' indicating substantial upside potential through renovation and modernization.
R2 Zoning with ADU Potential: The R2 zoning allows for the addition of an Accessory Dwelling Unit (ADU) or expansion, significantly increasing the property's income generation potential and overall value in a high-demand market.
Prime Los Angeles Location: Situated in Los Angeles, a highly desirable and appreciating real estate market, offering strong long-term growth prospects and access to urban amenities.
Generous Lot Size: A 6,242 sqft lot provides ample space for potential expansion, landscaping, or the construction of an ADU, which is a valuable asset in a dense urban environment.
Proximity to Highly-Rated Schools: Several elementary and high schools with top ratings (e.g., Dolores Huerta Elementary, Santee Education Complex) are nearby, enhancing its appeal to families.
Cons
Extensive Renovation Required: Built in 1903, the property is explicitly described as needing 'rehab ideas to life,' implying significant and costly renovations are necessary to bring it to modern standards and maximize its value.
Discrepancy in Bedroom Count & Due Diligence Burden: A notable discrepancy exists between the stated 3 bedrooms and the title showing 2, requiring the buyer to verify. This, combined with other 'buyer to verify' clauses, places a substantial due diligence burden and potential risks on the purchaser.
Potentially Overpriced Relative to Current Condition: The listing price of $675,000 is 8% higher than the estimated value of $616,791, suggesting it may be priced aggressively given the extensive renovation needs and 'as-is' nature implied by the description.