1475 W 28th Street, Los Angeles, CA 90007 (MLS # 25562737)

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PRICE $1,195,000 dsIDX morgage calculator
BEDS 8
BATHS 5
HOME SIZE 2,597 sqft
LOT SIZE 7,432 sqft

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 a couple 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 $7,743/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $5,500/month, fully occupied with USC students. The front house has been completely remodeled and thoughtfully upgraded with over $150,000 in capital improvements. Featuring modern finishes, updated systems, and designer touches throughout, this home is in excellent, turn-key condition. From the sleek kitchen and stylish bathrooms to the upgraded flooring, windows, and fixtures, every detail has been meticulously updated to offer both comfort and contemporary appeal. 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 ($1,268/month). Priced at a current 6.1% Cap Rate excellent cash flow investment with approximately 50% upside in potential rents. Bring all offers - Please email the listing agent for the executive summary/ financial analysis.

DAYS ON MARKET 4 LAST UPDATED 7/9/2025
YEAR BUILT 1922 COMMUNITY C16 - Mid Los Angeles
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Dual
AIR CONDITIONING Yes
APPLIANCES Disposal, Dryer, Refrigerator, Washer
AREA C16 - Mid Los Angeles
HEAT Central
LOT 7431 sq ft
PARKING Driveway, Gated
STORIES 1
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Listed with Keller Williams Hollywood Hills

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