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$ 2,900,000
Est. payment /mo
New
1420 W 28th ST Los Angeles, CA 90007
16 Beds
11 Baths
4,748 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,748 sqft
Price per Sqft $610
MLS Listing ID 25546699
Bedrooms 16
HOA Y/N No
Year Built 1905
Lot Size 7,426 Sqft
Property Description
*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating None
Fireplace No
Exterior
Parking Features Gated
Community Features Gated
Total Parking Spaces 4
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5054033012
Security Features Gated Community
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Los Angeles