Active
1475 W 28th St
Los Angeles CA, 90007
$1,270,000
$489.03 per sqft
Active
8 Beds
5 Baths
2,597 sqft
Multi-family
Built in 1922
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF on a 7,430 SF Lot. Current income is $8,725/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month, fully occupied with USC students. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month). Priced at a current 6.75% Cap Rate excellent cash flow investment with approximately 50% upside in potential rents.
25-484135
MLSⓇ ID
January 16, 2025
Listed
January 16, 2025
Updated
Map
1475 W 28th St
Los Angeles CA, 90007
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
5
Appliances
Range/Oven, Freezer, Garbage Disposal, Recirculated Exhaust Fan, Refrigerator, Other, Washer, Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Other, Dual
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
Mid Los Angeles
Garage
No
Parking
Other, Driveway Gate
Parking Total
3
View
No
County
Los Angeles
Pool
No
Zoning
LAR2
Listed by Davis Saadian with KW Advisors
Listing Contact: 310-402-8958
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/16/2025
