1475 W 28th Street, Los Angeles, CA 90007

• 8 beds |
• 5 baths |
• 2,597 sqft

Property Description

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.

Listing Status:

Active

Date Added:

July 9, 2025 at 05:00AM

Listing Office:

Keller Williams Hollywood Hills : 310-623-1300

Listing Agent:

Davis Saadian : 310-402-8958

MLS ID:

25562737

Interior

• Appliances: DisposalRefrigeratorDryerWasher
• A/C: Dual
• Heating: CombinationCentral

Exterior

• General: Shed(s)
• Other Structures: Shed(s)
• Parking: DrivewayGatedParking spaces: 3

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR25054031019

Financial

• Source: CRMLS_CL

This listing courtesy of Davis Saadian, Keller Williams Hollywood Hills