
Los Angeles, California 90018
This Turnkey Quadruplex Asset is listed at $1,900,000, offering a high-density investment with an Excellent Condition Rating. While positioned near the $1,788,074 Fair Market Value, the valuation reflects the premium of Full Vacancy Delivery and two brand-new 2026 ADUs. The property features Modern Kitchens, Mini-Split HVAC, and updated systems within the Los Angeles Unified School District. Situated in a High-Growth Corridor near USC and the Metro E Line, this asset is primed for immediate market-rate rents. This is a premier opportunity for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3918 W 28th Subject | $1,900,000* List Price | 0 | 0 | 3,128 | $572 | - |
A 2111 S Bronson Ave Active | $1,800,000 List Price | 0 | 0 | 3,121 | $577 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property qualifies as excellent due to its 2026 completion date for the new ADUs and the extensive renovation of the front duplex. The interiors feature brand-new modern kitchens with white shaker cabinets and stone countertops, new LVP flooring, recessed lighting, and updated mini-split HVAC systems. All components are virtually new, meeting current quality standards with no deferred maintenance.
The property is delivered with all four units vacant, providing a rare opportunity for an investor to set market-rate rents immediately without the complications of existing tenant relocations.
The inclusion of two brand-new 2026 ADUs ensures modern building standards, updated systems, and lower initial maintenance costs compared to traditional multi-family assets.
Proximity to the Metro E Line, USC, and major employment hubs like Culver City and Downtown LA ensures a consistent and high-demand tenant pool of students and professionals.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3128, other record living area = 1680.
The property was recently sold within the past year on 2025-04-23. The sold price is $775,000.00.
The local public schools are rated poorly (mostly 2/10), which may deter long-term family tenants and limit the property's appeal to a specific demographic.
**FULLY VACANT 4 UNIT** *The price increase reflects the full completed remodel of the front units, which significantly enhances the property’s appeal, functionality, and market value.Exceptional investment opportunity at 3918 W 28th St, Los Angeles, CA 90018 — a well-located 4-unit property in the heart of a rapidly evolving Los Angeles neighborhood near West Adams and Jefferson Park. This value-add asset features a front duplex plus brand-new 2026 construction ADUs, offering strong rental income and long-term upside in one of the city’s most active growth corridors. The property consists of: (2) Front Units: Each 2 bed / 1 bath New Construction ADUs (2026): (1) 2 bed / 1 bath (1) 1 bed / 1 bath The newly built ADUs provide modern layouts, updated systems, and excellent rental potential, making this a turnkey income-producing property with a desirable unit mix. The spacious lot and improved density maximize cash flow while still offering low-maintenance management. Located in a high-demand rental pocket of Los Angeles, the area continues to see strong appreciation and development driven by its central location and proximity to major employment and entertainment hubs. Neighborhood & Area Highlights: Minutes to USC, Exposition Park, BMO Stadium, and the LA Memorial Coliseum Easy access to Downtown LA, Culver City, and Koreatown Close to Metro E Line (Expo Line) connecting to Santa Monica and DTLA Strong rental demand from students, professionals, and local workforce Surrounded by ongoing redevelopment, new housing, and mixed-use projects Near popular West Adams restaurants, cafes, and retail corridors With Los Angeles continuing to support ADU development and higher-density housing, this property is well positioned to benefit from the city’s ongoing housing initiatives and neighborhood revitalization. Property Highlights: 4 Total Units Front duplex: (2) 2bd/1ba units Brand new 2026 ADUs: (1) 2bd/1ba + (1) 1bd/1ba Strong income potential Centrally located with major growth and development nearby Ideal for investors seeking cash flow and appreciation A rare opportunity to own a fully improved multi-unit property with new construction in one of Los Angeles’ most active rental and development markets.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,128 | 2,536 | 81% |
| Lot Size | 5,315 | 6,277.5 | 13% |
| Price | $1.90M | $980.5K | 88% |
| Price per sq ft | $607 | $425 | 94% |
| Built year | 2026 | 1924 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 220 | 13% |
Mar 17, 2026
$1,900,000
$1,499,777
+27% Price Increase
Initial Listing
Mar 10, 2026
$1,499,777
$1,574,999
-5% Price Drop
Initial Listing
Mar 6, 2026
$1,574,999
$1,599,999
-2% Price Drop
Initial Listing
Feb 5, 2026
$1,599,999
Initial Listing
Apr 23, 2025
$775,000
Public Record