223 E 28th Street
Los Angeles, CA, 90011
$900,000
MLS: IV26033921
Beds
2
Baths
1
Sq Ft
1,016
Lot
0.14 ac
Year Built
1889
MLS #
IV26033921
Days on Market
49
Listed
Feb 13, 2026
Description
Exceptional opportunity in the heart of Los Angeles—just 7 minutes from USC and 10 minutes from Downtown LA. This 2-bed, 1-bath home is a true blank canvas, ready for the right buyer to restore its original charm or reimagine it as an income-producing property. Whether you're an investor seeking your next project or a homeowner looking to build equity, this property offers incredible potential in a highly desirable, centrally located neighborhood. Buyer and buyer’s agent to verify all information and conduct their own due diligence with public records.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: FRANCES GARCIA · EXP REALTY OF CALIFORNIA INC
Payment estimate
$6,552
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $810,000
- Principal & Interest
- $4,977
- Property tax (1.25%)
- $938
- Homeowners insurance
- $300
- Mortgage insurance
- $338
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90011 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
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Buyer Cost Sheet
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